We now know that this pessimism was overdone. Manufacturing activity
Consequently, the central government was able to raise the threshold below which no income tax is paid and to add a tax deduction for parental elder care. It had room to cut taxes for small businesses. It can cut the value-added tax and spend upward of 1.5% of GDP on railways, roads, and other projects, asTo be sure, China’s corporate debt load is heavy. Total social financing is still expected to grow by 10% this year, faster than nominal GDP.
But Trump’s tariff talk is consistently worse than his bite. When other countries refuse to roll over and accept his demands, he has a history of accepting limited concessions and declaring victory, as with the renegotiation of the North American Free Trade Agreement. There is every sign now that a similar cosmetic agreement is in the offing with China.
As a result, Trump’s tariff threats will continue to roil global markets and international relations. But they will not culminate in a full-blown tariff war and complete collapse of the multilateral system.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
BUSINESS MAVERICK: One month before 2019 election, SA economy takes three hits in quick successionThey say that the hits that don’t break your back make you stronger. In fact, it’s more likely that the hits that don’t break your back will, in fact, make you weaker. The news is not entirely as gloomy as it seems, but coming just before the election, one thing is for sure: the incumbent government will not be propelled into the election on a wave of a strong economy. Not only hits, those are big hits, as well tim_cohen. I can't help wondering what S&P are smoking to get all that Ramaphoria....🙄 We're we really expecting a different outcome? Government is in tatters, Cyril house is still not finished, everyones rioting, burning books, throwing chairs, it's a baby written soap opera, Days in S. A.........
แหล่ง: dailymaverick - 🏆 3. / 84 อ่านเพิ่มเติม »
Business Maverick: Namibia Commits to Rand Peg as Economy Limps Out of SlumpNamibia is ruling out dropping its currency peg with the South African rand “unless something very drastic happens,” given the close trade links to its larger neighbour and the drive by the world’s biggest producer of marine diamonds to recover from a two-year recession. Surprised(not really), that the ANCorrupt, hasn't called RandrANC(i)d .
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Mixed outlook for emerging market currencies — surveyInvestors expected to trade cautiously in risky currencies in 2019 with the rand likely to remain relatively steady at 14.30/$ in six months
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »
BUSINESS MAVERICK: Dabbling in weed could be good for democracyIt appears that cannabis’s moment has arrived. Lobbyists agree that the time has come for it to come out of the shadows and start flourishing, not just as a crop, but as an investment opportunity for both the fiscus and business owners. The world cannabis market could reach upwards of US$630-billion in market value by 2040 — and that has investors reaching for their rizlas. But one African country is lagging. Guess which. The greedy ones only see big money
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Business Maverick: P&G Puts Ad Platforms Like Facebook, Google on NoticeProcter & Gamble Co., one of the most important advertisers for Google and Facebook Inc., ramped up criticism of internet platforms, saying the problems plaguing the industry aren’t getting fixed fast enough.
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Business Maverick: Currency Crisis Claims Another Strongman as Sudan’s Bashir FallsFor autocratic leaders seeking lessons from the toppling of Sudanese President Omar al-Bashir, avoiding a currency crisis may be the key to survival. And is about to endorse one. Or not.
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