The world's second-largest economy is sputtering. In 2015 it grew by only 6.9 percent. Beijing says that slower growth is acceptable as long as enough new jobs are created. But Chinese workers are feeling the impact of the slowdown.
France's economy minister has warned Italy to respect its financial commitments to the EU under "whichever government." Bruno Le Maire said eurozone stability would otherwise be threatened.
Economic expansion in Europe's powerhouse is continuing in 2018, but GDP growth has slowed considerably, leaving observers disappointed. Nevertheless, the government sees no cause for alarm right now.
The European Central Bank chief says after a period of higher than expected growth, "some moderation" should be expected. Mario Draghi spoke after ECB policymakers kept eurozone interest rates on hold.
The EU executive has issued yet another stark warning that a sudden rise in trade protectionism is the No.1 risk for economic expansion in the EU. The bloc's latest outlook urged reforms before the next downturn.
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