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Poloz says China tops list of global economic concerns

Posted on 15 September 2016

China tops Stephen Poloz’s list of global concerns that could put a dent in Canada’s economic recovery. The world’s biggest resource importer is wrestling with widening economic imbalances and stresses in its financial system that could stall Chinese growth. Any interruption in Chinese expansion lasting a year or two would drive oil and other commodity prices even lower, the Bank of Canada Governor said.
Poloz also took on critics who carp about the failure of central bank moves to stimulate growth in the wake of the financial collapse and global recession of 2008-09………………………………………..Full Article: Source


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