How can be the U.S economy out of the troubles?
Economic data continuously declines and financial markets continuously plunges, under the complicated global economic circumstances, more investors feel confused and vacant. U.S. factory activity slowed in March amid a decline in new orders, but growth in the manufacturing sector remains underpinned by strong domestic and global economies.
Other data showed a marginal increase in construction spending in February. The data support the view that economic growth slowed in the first quarter. Economic growth in the first three months of the year tends to be weak. U.S. financial markets were continuously on the downward trajectory, impacted by the domestic political uncertainty, trade tensions between U.S and China as well as tech giants scandals.
What is the British economic outlook after Brexit.The rush of global financial stability continues to rise, and the risk is shifting to those areas that are difficult to evaluate and tackle in financial system.
The U.K. is set to begin the transition of exiting the European Union on March 29, 2019. The transition period is aimed at giving businesses and citizens, both in Britain and the EU, more time to prepare for the U.K.'s complete departure from the bloc. And the transition period is also about beginning life outside the European Union, including preparing and signing new trade deals.
The competitiveness of Chinese market increasingly strengthens
In view of global financial crisis increasingly gets worse, PBOC adopts prudent microeconomic policies against the negative impact caused by uncertainty of global economy and more challenges.