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Thursday, May 04, 2017
World economy may have entered new cycle
ANBOUND

Bank of England's Deputy Governor Ben Broadbent recently pointed out that in the short term the United Kingdom’s economy is increasingly better, with domestic manufacturing and exports showing good momentum. Yet, the key question now is whether the sharp rise in growth is sustainable. Anbound’s chief researcher Chan Kung pointed out that the global economic situation is now in a strange transformation; while Europe began to recover, the Asian economy began to grow, and that the Chinese economy is reviving; the real problem is that the United States’ economy does not appear to change. On the contrary, it shows signs of sluggishness. All these changes are intriguing; the world economy may have entered into a new cycle.

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