The Traderszone Network

Published in TZ Latest News 9 October, 2015 by The TZ Newswire Staff

China concerns leave central banks in difficult spot

The coming week will provide clues on whether the global economy is escaping from its lackluster growth rut, amid growing concerns of another downturn which central banks have few tools left to fight. China has become the focal point for economists as they fear a hard landing there could send countries that have only just escaped from the doldrums reeling back into recession. The deluge of data from China in coming weeks is likely to point to further weakness, reinforcing expectations Beijing will roll out more stimulus measures to ward off a sharper slowdown.