China's economy has a positive impact on the world
January 24, 2024 09:24 Source: "China Social Sciences" January 24, 2024 Issue 2822 Author: Bai Le/Compilation

  Bet365 app download Recent,British economist、The Minister of Commerce of the British Ministry of Finance, Jim O’Neill, published an article on the World Newspaper Industry Sidica website, "The Inflation Challenge in 2024",With 2023, it has become the past,The global economy still faces many unknown numbers。Current,Any forecasting for the global economy is more difficult than ever。Some international investment institutions predict that the global economy will slow down in 2024,Many people are confused about global economic prospects。

Article Title,From the eyes of many international people,Global inflation has brought huge challenges。The situation in the past few years indicates,Many uncertainty and unknown factors will have a serious impact on the inflation status。Current,The fierce debate on inflation prospects is undergoing,Some senior business people expressed doubt whether the central banks can successfully control inflation。Euras area country、The latest consumer price data in the United States and the United Kingdom, although showing some news about the improvement of overall inflation,But the core inflation rate is still higher than the initial goals set by the central banks of these countries。

O'Neal pointed out,Some bet365 Play online games central banks of developed economies will deal with inflation as the most tricky issue。The Federal Reserve said in its latest forward -looking guidance report,In 2024, 75 basis points will be reduced。But,The central banks of other countries, especially the European Central Bank,The trend of resisting interest rate cuts。Because the core inflation rate is still higher than the target,and the actual salary after inflation is increasing,But I can't see the powerful evidence of any productivity growth,Central bank officials are unwilling to take interest rate cuts quickly。

O'Neal mentioned,The world's second largest economy China has not faced this problem。In view of China's low -cost manufacturing export,and bet365 Play online games its increasing market share in foreign markets,In the past, some international analysts had suspected that China had passed the pressure of shrinking to other parts of the world。"But,If we are still in that era,So some of the current inflation concerns may be reduced。But those days seem to be gone forever。”

From O'Neal's view,China's domestic economic development is a topic worthy of special comment,Although the real estate market in China is facing some problems,From the perspective of similar experiences in other countries,These problems may continue。But it is worth sure is,China's policy makers have fully realized these problems,And good at learning from the lessons from other countries。

O'Neal wrote,China's huge domestic demand will bet365 best casino games still have a significant impact on global commodity prices。Consider this,Although the situation in the Middle East is chaotic,Ukrainian war continues,Crude oil prices in the international market are still weak,But the global economic situation seems to be more encouraging than many people's expectations。

O'Neal finally pointed out,Salary growth will still be a key variable。In some countries such as Britain,Wage growth rate exceeds the growth rate of consumer price。Policy makers in these countries are worried that this trend will trigger the wages of "textbook -style"。2939_2960,and the long -awaited productivity growing forward,That will be a positive signal。

 (Baile/Compilation)

Editor in charge: Zhang Jing
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