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Old 03-23-2018, 10:00 AM   #1 
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KUALA LUMPUR Taylor Moton Panthers Jersey , July 24 (Xinhua) -- The International Monetary Fund (IMF) on Monday revised up China's growth forecast for 2017 and 2018 to 6.7 percent and 6.4 percent respectively.

The updated World Economic Outlook report, which came days after China posted a stronger-than-expected second quarterly performance, was a reflection of a solid first quarter underpinned by previous policy easing and supply-side reforms, including efforts to reduce excess capacity in the industrial sector Curtis Samuel Panthers Jersey , the IMF said.

China has set its full-year growth target at "around 6.5 percent." The 6.7-percent forecast will leave the world's second-largest economy on a par with its growth level in 2016.

The fund also revised up China's economic forecast for 2018 by 0.2 percentage point to 6.4 percent, citing expectations that China may maintain high public investment and delay fiscal adjustment to meet its target of doubling the 2010 real gross domestic product (GDP) by 2020.

But the IMF also warned against strong credit growth that may come with rising downside risk to medium-term growth.

Maurice Obstfeld, chief economist of the IMF, recommended China go through a very important rebalancing process Daryl Williams Jersey , which will inevitably entail a slowing path of growth.

He said China's recent moves to redress non-performing loans and a coordinated financial oversight overhaul are welcome.

The revision followed an April upgrade by the IMF on China's GDP growth forecast to 6.6 percent and 6.2 percent for 2017 and 2018 respectively, 0.1 percentage point and 0.2 percentage point higher than its forecast in January.

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WASHINGTON, June 29 (Xinhua) -- U.S. real gross domestic product (GDP) increased at an annual rate of 1.4 percent in the first quarter of 2017 Russell Shepard Jersey , said the U.S. Commerce Department on Thursday, but it was still the worst performance since the second quarter of last year.

The growth rate was revised up from two previous gauges of 1.2 percent and 0.7 percent, according to the final assessment of the economy for the period issued by the Commerce Department.

The higher growth rate was mostly driven by unexpectedly higher consumer spending and a hike in exports.

Consumer spending, which accounts for two-thirds of the U.S. economic activities Michael Palardy Jersey , increased by 1.1 percent in the first quarter, almost double the 0.6 percent last month, but remains the weakest reading since the second quarter of 2013.

U.S. exports growth rate for the period was also revised up to 7.0 percent from an earlier 5.8 percent.

Despite the upward revision to GDP, U.S. economic performance was still lackluster compared with other developed economies. The economic growth rate of the United States in the first quarter was only higher than that of Britain and Japan among G7 countries.

Also Matt Kalil Jersey , in recent years the U.S. economy has tended to underperform in the first quarter relative to the rest of the year due to statistical issues. The government has said it is working to resolve those issues.

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Murthal is a small town in Sonepat district of Haryana in northern India and around 50 kilometers away from the national capital New Delhi. About 20 years ago Murthal was like just another village along the National Highway-1 and now it is one among the fastest growing towns in the region. People living in Murthal are called Murthalites.The word Murthal is considered to have originated from the compound word Mayur Sthal meaning a place where peacocks live in abundance. It is true that at some point ago the village boundary was marked by a dense forest. The forest, then Devin Funchess Jersey , rapidly depleted into farming land and subsequently into an almost concrete area after the development of National-Highway.

After the partition of the India in 1947 a lot of people migrated from Pakistan to this area. These days there is a huge influx of people from Bihar who are given job opportunities in the agricultural industry. Farming still remains the main occupation of Murthalites. Recently, with growing population, shrinking cultivatable land, and grown education Shaq Thompson Jersey , the village youth is entering virtually in every field.

In 1970s Murthal was one among the few villages in Haryana to have separate Senior Secondary Schools for boys and girls. To show their generosity and inclination towards acquiring higher education, in late 1980s the village donated a huge part of its public land to build the then called CR State College of Engineering, Murthal. The college was at that time only second Engineering College in the state of Haryana.

Since that time the college has evolved into Deenbandhu Chhotu Ram University of Science and Technology and known by this name.Murthalites have developed an education society to look after the academic needs of not just Murthal, but all other villages in the region.There are many co educational schools in Murtal road. The schools here aim . Cheap Soccer Hats Cheap NHL Shirts Cheap NBA Shirts Cheap MLB Shirts China Wholesale Jerseys Wholesale Hoodies Wholesale Hoodies Wholesale NBA Hoodies Wholesale NHL Hats Wholesale NCAA Hats
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