AFP Asia Business
China should use fiscal policy to boost growth: IMF
The Chinese government should use its tax-and-spend policies to help boost flagging economic growth, a senior IMF official told AFP ahead of key meetings this week in Washington. Â The IMF has raised concern about the levels of global public debt, which it estimates will reach a record $100 trillion this year, with debt expected to …
China should use fiscal policy to boost growth: IMF Read More »
Stock markets mixed, oil prices drop
European and Asian stock markets traded mixed Wednesday and oil prices retreated as investors focused on company earnings and the outlook for the US and Chinese economies.Wall Street steadied Tuesday following its recent record-breaking run higher.”There are some big US earnings releases later today, including Boeing and Tesla, who will report earnings once the US …