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[–] derram 0 points 1 point (+1|-0) ago 

https://archive.fo/vIn57 :

China's debt crackdown to hurt emerging markets, oil, metals: Fitch | Article [AMP] | Reuters

'Fitch said the implications of this scenario for the global economy would be significant but not dramatic, unlike a full-scale hard landing. '

'A bigger impact on the global economy would result if the Chinese currency were to depreciate significantly in the slower growth scenario, Fitch said. '

'Net global commodity exporters would be affected through a decline in direct exports to China and weaker terms of trade, Fitch said. ', "BEIJING (Reuters) - China's debt crackdown is a key risk to the country's economic growth and will have significant knock-on effects for the global economy, particularly emerging markets with high commodity dependence or close Chinese trade links, Fitch Ratings said."

'"The scenario analysis we have undertaken suggests that, when it does occur, it will be a process that will be a significant drag on growth."'


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