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China s two sessions offer new impetus, inspirations for global development_GMW cn

2021-03-15 10:39 　 By: Xinhua 　 Inspired by China s prominent achievements amid the pandemic and heartened by the country s new development blueprint, observers worldwide believe China s resolution to achieve modernization through high-quality development will definitely promote world prosperity. China has avoided the trap of a dilemma between safeguarding health and beefing up the economy, and its strategy has resulted in overcoming the health crisis inside China and at the same time protecting its economy. China has always put the people first during its development, increasing their benefits, ensuring that the people are their own masters and supporting development in an all-round way.

United statesUnited kingdomJochen gollerBernard dewitTursunali kuzievSourabh guptaJeffrey sachsPelagia karpathiotakiStephen perryAndrei vinogradovXinhua mao siqianXinhua wang jianweiMunir akramXinhua guo chengGroup region chinaRussian academy of sciences

Emerging Markets Brace for Rate Hikes With Debt at Reco

After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and Nigeria and South Africa could follow soon, according to Bloomberg Economics. Russia already stopped easing earlier than expected and Indonesia may do the same. Behind the shift: Renewed optimism in the outlook for the world economy amid greater U.S. stimulus. That’s pushing up commodity-price inflation and global bond yields, while weighing on the currencies of developing nations as capital heads elsewhere. The turn in policy is likely to inflict the greatest pain on those economies that are still struggling to recover or whose debt burdens swelled during the pandemic. Moreover, the gains in consumer prices, including food costs, that will prompt the higher rates may exact the greatest toll on the world’s poorest.

New yorkUnited statesSouth africaUnited arab emiratesCity ofUnited kingdomSouth koreaJanet yellenZiad daoudColin ellisCarmen reinhartRob subbaramanWilliam jacksonAnne van praaghSergi lanauJonathan fortun

Emerging Markets Brace for Rate Hikes With Debt at Records

Emerging Markets Brace for Rate Hikes With Debt at Records Bloomberg 3/15/2021 Michelle Jamrisko and Eric Martin (Bloomberg) Alarm bells are starting to ring across emerging markets as countries brace for a new era of rising interest rates. Popular Searches After an unprecedented period of rate cuts to prop up economies shattered by Covid-19, Brazil is expected to raise rates this week and Nigeria and South Africa could follow soon, according to Bloomberg Economics. Russia is considering tightening monetary policy sooner than previously signaled, said a person with knowledge of its central bank’s discussions. Behind the shift: Renewed optimism in the outlook for the world economy amid greater U.S. stimulus. That’s pushing up commodity-price inflation and global bond yields, while weighing on the currencies of developing nations as capital heads elsewhere.

New yorkUnited statesSouth africaUnited arab emiratesCity ofUnited kingdomSouth koreaJanet yellenZiad daoudColin ellisCarmen reinhartRob subbaramanWilliam jacksonAnne van praaghSergi lanauJonathan fortun

Rate Hikes Coming to Emerging Markets With Debt at Records

Rate Hikes Coming to Emerging Markets With Debt at Records
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New yorkUnited statesSouth africaUnited arab emiratesCity ofUnited kingdomSouth koreaJanet yellenZiad daoudColin ellisCarmen reinhartRob subbaramanWilliam jacksonAnne van praaghSergi lanauJonathan fortun

China s two sessions offer new impetus, inspirations for global development - China News

China s two sessions offer new impetus, inspirations for global development - China News
sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.

United statesUnited kingdomJochen gollerBernard dewitTursunali kuzievSourabh guptaPelagia karpathiotakiJeffrey sachsStephen perryAndrei vinogradovXinhua wang jianweiMunir akramGroup region chinaRussian academy of sciencesMass communicationsChinese chamber