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Goldman Sachs Warns Against Chinese Exports, Europe May Lose Part of Its Economic Performance
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European economies could bear the brunt of increasing Chinese competition as Beijing renews its efforts to revive its export-led economy, Goldman Sachs said in a report, which also cut its growth forecasts for European economies in response to renewed Chinese export pressure, Yahoo reported. “The eurozone is particularly vulnerable to the negative impact of increased supply of Chinese goods, which could widen the eurozone’s trade deficit with Ch…
·Bratislava Region, Slovakia
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