Online English Summarizer tool, free and accurate!
Commodities have been among the worst fallers, with fears that a slowdown in China will curtail demand for oil and metals. Numerous companies are starting to report falling sales and some experts are even warning of a global recession linked to events in China.
A number of emerging market economies whose fortunes are tied to China's are also perceived to be at risk. According to research from NN Investment Partners, the extent of capital flight out of emerging markets has risen to $1tn over the past 13 months, double the amount that left during the financial crisis. Economies that count China as a first or second largest export partner include Australia, New Zealand, Brazil, Indonesia, Malaysia and South Africa.
He said: "The adjustment China faces will have an impact across emerging economies, many of which share some of China's vulnerabilities.
"Further Chinese devaluations are seen as a big threat. If China makes itself cheaper, other economies' exports may suffer. Comparisons are being made with 1994, when China devalued shortly before crisis swept across Asia.
"The emerging carnage looks like continuing for some time, until growth revives. But investors in developed economies cannot afford to look on smugly. Here too markets are distorted and vulnerable."
Figures from the World Trade Organization show China imported $123bn worth of goods from the US in 2013, $194bn from Japan, and $211bn from the eurozone. China is the second-largest economy in the world – it contributed 38% to global growth in 2014 – so when its growth slows, so does the rest of the world's.
Commodities have been among the worst fallers, with fears that a slowdown in China will curtail demand for oil and metals. Numerous companies are starting to report falling sales and some experts are even warning of a global recession linked to events in China.
A number of emerging market economies whose fortunes are tied to China's are also perceived to be at risk. According to research from NN Investment Partners, the extent of capital flight out of emerging markets has risen to $1tn over the past 13 months, double the amount that left during the financial crisis. Economies that count China as a first or second largest export partner include Australia, New Zealand, Brazil, Indonesia, Malaysia and South Africa.
He said: "The adjustment China faces will have an impact across emerging economies, many of which share some of China's vulnerabilities.
"Further Chinese devaluations are seen as a big threat. If China makes itself cheaper, other economies' exports may suffer. Comparisons are being made with 1994, when China devalued shortly before crisis swept across Asia.
"The emerging carnage looks like continuing for some time, until growth revives. But investors in developed economies cannot afford to look on smugly. Here too markets are distorted and vulnerable."
Figures from the World Trade Organization show China imported $123bn worth of goods from the US in 2013, $194bn from Japan, and $211bn from the eurozone. China is the second-largest economy in the world – it contributed 38% to global growth in 2014 – so when its growth slows, so does the rest of the world's.
Summarize English and Arabic text using the statistical algorithm and sorting sentences based on its importance
You can download the summary result with one of any available formats such as PDF,DOCX and TXT
ٌYou can share the summary link easily, we keep the summary on the website for future reference,except for private summaries.
We are working on adding new features to make summarization more easy and accurate
شروط تحقيق الاستجابة الصحيحة والمعززات الفعالة: تواجهنا في إطار العمل التربوي ومختلف فضاءاته الكثير ...
est un autre sujet de préoccupation pour les consommateurs dont l'industrie manque de connaissances....
Foreign direct investment FDIs are indeed a kind of investment that businesses, including multinatio...
كان تصريح وعد بلفور عاملا أساسيا في إظهار الدور البريطاني في إدخال اليهود إلى فلسطين ودعم الحركة الص...
الامسية الاولى جولة في السماء الدنيا اولا الارض بين سبحانه أن هذه الأرض منها خلق الإنسان وإليها يعود...
- تحفيز الشعور بالمسؤولية في متاجر ايكيا، في بداية الرحلة لتسوق ستجد أقلام رصاص وقوائم شراء فارغة لت...
استخدام أسلوب النظم في البحوث العلمية ليحقق بناءاً موحداً ومتسقاً للمعرفة من خلال تشكيل إطار يتم فيه...
من أخلاق الصحابة -رضي الله عنهم- : عدم إسرافهم في الحلال إذا وجدوه، وذلك لأن الحلال غريب في كل زمانب...
In light of environmental changes, rapid progress and development, intense competition and limited r...
Project management and sustainability are both currently considered hot topics by managers [1–4]. In...
ونقل الشرع لازم لعلم الفقه دون العكس، وقد ورد الحث على فهم واستنباط الأحكام الشرعية، والدعاء لمن سمع...
تبرم اإلدارة أنواع مختلفة من العقود اإلدارية ، هي عقود نظمها المشرع بأحكام خاصة و أهم ثالث عقود أشار...