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However, while a deal to end the trade war would help shore up confidence, analysts say it would be no panacea for China’s economic woes. Domestic demand had already been weakening before the two sides started to exchange tit-for-tat tariffs as a regulatory crackdown on risky lending was pushing up borrowing costs. U.S. President Donald Trump and Chinese President Xi Jinping agreed last month to a 90-day trade ceasefire to allow for fresh talks. That delayed the most imminent threat for China — a sharp hike in U.S. tariffs on Chinese goods that had been set for Jan. 1 cufflink ready shirt.
Trump said last weekend that talks were progressing well. But many analysts doubt Beijing and Washington can bridge their many differences and reach a comprehensive trade deal in so short a negotiating window cufflink ready shirt. To encourage cautious bankers to keep lending to struggling firms, the central bank cut the amount of cash banks have to set aside as reserves four times in 2018. Hefty additional cuts are expected this year, along with steps to make it easier for private companies to raise funds and refinance..
Authorities are fast tracking infrastructure projects and cutting import tariffs in a bid to rekindle demand, but the moves will take time to kick in and analysts believe the economy will not stabilize until the middle of this year. Beijing says China is still on track to hit its 2018 growth target of around 6.5 percent, down from 6.9 percent in 2017. But a further slowdown is expected this year even if a trade deal is reached cufflink ready shirt. The World Bank predicts growth will slow to 6.2 percent in 2019, still robust by global standards but the weakest expansion in nearly 30 years..
WASHINGTON (Reuters) – The fatality rate on passenger jet aircraft worldwide jumped in 2018 after airlines recorded zero accident deaths on passenger jets in the prior year, according to a Dutch consulting firm and an aviation safety group. Dutch aviation consulting firm To70 and the Aviation Safety Network both reported on Tuesday there were more than 500 deaths stemming from passenger airline crashes in 2018, but emphasized that fatal crashes remain rare. To70 estimated that the fatal accident rate for large commercial passenger flights at 0.36 per million flights, or one fatal accident for every 3 million flights cufflink ready shirt.
That is up from 2017’s 0.06 per million flight rate and above the most recent five-year average of 0.24 per million flights. There were 13 deaths in 2017 in two fatal crashes worldwide, but both were on regional turboprop aircraft cufflink ready shirt. Over the last two decades, aviation deaths around the world have been falling. As recently as 2005, there were 1,015 deaths aboard commercial passenger flights worldwide, the Aviation Safety Network said. Despite the increase, 2018 was still the third safest year ever in terms of the number of fatal accidents and the ninth safest measured by deaths, the Aviation Safety Network said..