As markets swoon, finance chiefs urge US, China to cool it

Credit: Deseret News- Published on October 11, 2018
The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and...
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Credit: Wochit Business
Published on October 9, 2018 -  00:44
China Economic Time Bomb
According to Business Insider, the economic situation in China is a ticking time bomb and it has global markets looking really shaky. The concerns over China stem from fears about its economic growth, as China's current account balance is down significantly from last year's 1.3% and will likely turn into a small deficit in 2019. If so that would be the first time in 24 years.

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