The Syrian crisis has greatly set back the economy of this once middle-income country, bringing about direct losses up to 120 billion U.S. dollars to the country as a whole and an alarming 268 billion U.S. dollars to the industries. It has stymied the annual growth since 2000, 7.9 percent… »
“The falling of the renminbi is not a kind of policy response to the trade war, but it will really affect the result of the trade war. I think this is largely because of the appreciation of the U.S. dollar. Because U.S. government is changing its monetary policy to attract… »
“We have lived a frightening life in the past three years under the IS control. They robbed our house and furniture but did not give us money. When the Syrian army bombarded here, we escaped to the valley. Soldiers came over telling us not to escape because this area is… »
“In the short run, I think we’re still waiting to find out where the pain is and where the pain isn’t. In recent polling, 17 percent of Americans say their financial situation is somehow been impacted by this in a bad way; six percent say it’s been good for them. »
Press briefing by Chinese Foreign Ministry in progress “Since the trends of unilateralism and trade protectionism are on the rise, it is necessary to deepen solidarity and cooperation between emerging market countries and developing countries to oppose unilateralism and protectionism, to achieve inclusive growth and sustainable development, and to enhance… »
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