News Snapshot:
21 mins ago – 7.01AM Ian Bremmer, who is president of political risk research firm Eurasia Group, said after forty years of extraordinary growth, China’s economy may be entering an era of stagnation. In a note, Mr Bremmer said: “The economic and financial risks feel more urgent than ever as the limits of China’s growth model have become obvious.” The IMF is forecasting China’s economy will expand at less than 4 per cent “in the coming years”, Mr Bremmer said, contrasting that with previous 10 per cent rates and the government’s official 5 per cent target. Beijing’s efforts to bolster...
