Moody's on global growth, risks, China

Author: Eamonn Sheridan | Category: News

This from Moody's: Global growth strengthens as risks abate; China likely to avoid sudden slowdown

  • improving outlook for global growth in 2017
  • appears to be sustainable
  • some of the biggest risks to advanced economies have subsided
  • emerging markets maintain their expansion
  • expects G20 economies to collectively grow at an annual rate of 3.1% in 2017 and 2018, compared with growth of 2.6% in 2016
  • The potential damage to global trade and growth from a pursuit of protectionist policies in the US appears to have diminished for now
  • The current momentum should continue, barring any negative surprises.
  • Growth in China will continue to slow over the year due to reduced property-related investment as liquidity-tightening measures of the central bank, including limits on home mortgage lending, take effect

This is more on the headlines from earlier: Moody's says risk of major countries leaving EU has declined

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