"/>

3分pk10-(中国)360百科

Global trade tensions prompt analysts to cut Malaysia's GDP growth
Source: Xinhua   2018-06-27 14:04:17

KUALA LUMPUR, June 27 (Xinhua) -- The trade spat intensified by the United States has prompted analyst to cut Malaysia's gross domestic product (GDP) this year by 0.1 percentage point to 5.2 percent.

"The escalating U.S. 'tariff tantrums' take effect leading to slightly lower global GDP growth, we downgrade our Malaysia GDP forecast slightly to 5.2 percent annual growth from 5.3 percent," Hong Leong Investment Bank (HLIB) Research said in a report Wednesday.

The research house has also revised down its global GDP growth forecast 0.1 percentage point to 3.8 percent.

"While the underlying global growth continues to be strong, the downside risks arising from global trade tensions have risen. Given Malaysia's trade openness, the slight downgrade of global GDP is expected to weigh slightly on firms' export demand prospects as well," it said.

The U.S. has proposed to impose tariff on 50 billion U.S. dollars worth of Chinese goods. In response, China has retaliated by an equal amount.

According to the report, these figures account for 2.5 percent and 3.5 percent of total China and U.S.exports to the world, with marginal effect on global GDP growth.

The research house sees rising trade tensions as another key risk for global growth, on top of the faster-than-expected U.S. tightening.

"Should the tariff dispute involve more major economies on a larger scale, the impact to global growth will be more significant," it said.

It cited an IMF study highlighting protectionism in the global arena that raising tariff by 10 percent on imports would lead to lower global GDP by approximately 1.75 percent.

Overall, HLIB foresees Malaysia to experience more moderate growth this year.

Despite the abolishment of goods and services tax (GST) and reintroduction of fuel subsidy should boost the country's consumption, it believed, the positive impact to be offset by lower government expenditure.

The new Malaysian government intends to achieve its deficit target of 2.8 percent of GDP this year after undertaking several rationalizing initiative.

On the supply side, the research house said, the growth is expected to be supported by increase in services sector, but will be offset by lower commodity sector (agriculture and mining sector) and slower manufacturing growth.

It projected growth in manufacturing segment to continue at a slower but still solid pace.

"Nevertheless, rising trade tariff threats are expected to increase cost of materials which may limit final demand. In addition, the uncertainty emanating from U.S. tariff tantrum is expected to limit business investment plans," it added.

As for services sector, it said, consumption-related services, which account for approximately one third of total services, are expected to see an increase due to government's consumption boosting measures especially in the third quarter following the consumption tax holiday.

"But other components such as government services which account for 15 percent of total services, is expected to register slower growth due to government's fiscal consolidation measures," it added.

Editor: Liangyu
Related News
Xinhuanet

Global trade tensions prompt analysts to cut Malaysia's GDP growth

Source: Xinhua 2018-06-27 14:04:17
[Editor: huaxia]

KUALA LUMPUR, June 27 (Xinhua) -- The trade spat intensified by the United States has prompted analyst to cut Malaysia's gross domestic product (GDP) this year by 0.1 percentage point to 5.2 percent.

"The escalating U.S. 'tariff tantrums' take effect leading to slightly lower global GDP growth, we downgrade our Malaysia GDP forecast slightly to 5.2 percent annual growth from 5.3 percent," Hong Leong Investment Bank (HLIB) Research said in a report Wednesday.

The research house has also revised down its global GDP growth forecast 0.1 percentage point to 3.8 percent.

"While the underlying global growth continues to be strong, the downside risks arising from global trade tensions have risen. Given Malaysia's trade openness, the slight downgrade of global GDP is expected to weigh slightly on firms' export demand prospects as well," it said.

The U.S. has proposed to impose tariff on 50 billion U.S. dollars worth of Chinese goods. In response, China has retaliated by an equal amount.

According to the report, these figures account for 2.5 percent and 3.5 percent of total China and U.S.exports to the world, with marginal effect on global GDP growth.

The research house sees rising trade tensions as another key risk for global growth, on top of the faster-than-expected U.S. tightening.

"Should the tariff dispute involve more major economies on a larger scale, the impact to global growth will be more significant," it said.

It cited an IMF study highlighting protectionism in the global arena that raising tariff by 10 percent on imports would lead to lower global GDP by approximately 1.75 percent.

Overall, HLIB foresees Malaysia to experience more moderate growth this year.

Despite the abolishment of goods and services tax (GST) and reintroduction of fuel subsidy should boost the country's consumption, it believed, the positive impact to be offset by lower government expenditure.

The new Malaysian government intends to achieve its deficit target of 2.8 percent of GDP this year after undertaking several rationalizing initiative.

On the supply side, the research house said, the growth is expected to be supported by increase in services sector, but will be offset by lower commodity sector (agriculture and mining sector) and slower manufacturing growth.

It projected growth in manufacturing segment to continue at a slower but still solid pace.

"Nevertheless, rising trade tariff threats are expected to increase cost of materials which may limit final demand. In addition, the uncertainty emanating from U.S. tariff tantrum is expected to limit business investment plans," it added.

As for services sector, it said, consumption-related services, which account for approximately one third of total services, are expected to see an increase due to government's consumption boosting measures especially in the third quarter following the consumption tax holiday.

"But other components such as government services which account for 15 percent of total services, is expected to register slower growth due to government's fiscal consolidation measures," it added.

[Editor: huaxia]
010020070750000000000000011100001372840731
快3彩票购彩平台 大发彩票welcome 彩神 5分pk10 乐彩彩票 快三网站 大众购彩 一分11选5 极速快3 五分快乐十分 大发购彩中心 乐发lll 大发welcome 大发系列平台 东方彩票 五五世纪平台 凤凰快3 乐发IV彩票购彩中心 彩88 凤凰彩票官方网站 5分pk10 五五世纪 山西快3 55世纪购彩平台 乐发lx Welcome彩神 乐发3彩票APP 购彩中心 55世纪-购彩大厅 大发云app 星辰阁彩票购彩大厅 彩神v 大发彩票购彩平台 5分快3 快三彩票购彩平台 大發3分快3 快3平台 乐彩彩票 大发彩票快乐8 乐发IV welcome手机购彩 大众购彩 天天中平台 快盈IV500 幸运快三 买大小平台赚钱 1分快3 彩神彩票购彩平台 大发pk10 彩信平台 三分11选5 快3购彩中心 乐发ll下载app 彩神Welcome登录入口 乐发 采彡神争霸 快盈iv 神彩v8 55世纪官网 大发彩票www官方 凤凰彩票 10分快三 快三彩票官方网站 五分飞艇 乐发彩票官方网站 乐发Vll 大发快乐8官网 乐发app 大发彩票welcome 幸运5分彩 百姓快3 百度彩票 彩神网 大发彩票 3分快三 快3彩票 一分11选5 极速快3 五分快乐十分 大发购彩中心 乐发lll 大发welcome 大发系列平台 东方彩票 五五世纪平台 凤凰快3 乐发IV彩票购彩中心 彩88 凤凰彩票官方网站 5分pk10 55世纪 重庆快3 55世纪官方网站 乐发VI 彩神 乐发Ⅲ welcome大发彩票 大发购彩大厅welcome 百姓快三 名发app PK彩票 大发彩票购彩平台 5分快3 快三彩票购彩平台 大發3分快3 快3平台 乐彩彩票 大发彩票快乐8 乐发IV welcome手机购彩 五分快三 10元投资彩票赚钱平台 鼎发彩票 彩神iv争霸 网信快3 一分快3 凤凰彩票app下载 3分pk10 乐彩 湖南快3 快3购彩平台 乐发lv 彩神Welcome入口 乐发1 彩神8 百姓彩票welcome 一分三可空降可约app下载 彩神ix 彩票宝 大发彩票app下载 10分快3 快3彩神官方网站 四川快3 乐发彩票购彩平台 乐发彩票ll 大发快乐8官方网站 乐发app下载 welcome凤凰彩票 万乐彩 在线快3 百度彩票 彩神网 大发彩票 3分快三 快3彩票 一分11选5 极速快3 五分快乐十分 大发购彩中心 乐发lll 彩神welcome 乐发网投平台 网信彩票 优彩彩票 彩神8v 网信快三 乐乐彩 凤凰彩票购彩平台 10分pk10 55世纪 重庆快3 55世纪官方网站 乐发VI 彩神 乐发Ⅲ welcome大发彩票 大发购彩大厅welcome 百姓快三 名发app PK彩票 大发彩票购彩平台 5分快3 快三彩票购彩平台 大發3分快3 快3平台 分分快3 大发快乐8 乐发ll welcome购彩中心 五分快三 10元投资彩票赚钱平台 鼎发彩票 彩神iv争霸 网信快3 一分快3 凤凰彩票app下载 3分pk10 乐彩 湖南快3 55世纪购彩平台 乐发lx Welcome彩神 乐发3彩票APP 购彩中心 55世纪-购彩大厅 大发云app 星辰阁彩票购彩大厅 彩神v 大发彩票官方网站 五分快3 快3彩票购彩平台 三分PK10 乐发彩票 乐发国际 大发快乐8购彩平台 乐发III 手机购彩 一分快3平台 彩神v8 快三网站 天天彩票 快三平台 1分快三 彩神彩票官方网站 大发三分快3 极速快三 三分PC蛋蛋 彩神购彩中心 乐发lll下载 彩神welcome 乐发网投平台 网信彩票 优彩彩票 彩神8v 网信快三 乐乐彩 凤凰彩票购彩平台 10分pk10 快三彩票官方网站 五分飞艇 乐发彩票官方网站 乐发Vll 大发快乐8官网 乐发app 大发彩票welcome 幸运5分彩 百姓快3 vip彩票购彩大厅 直播快三 彩神彩票 3分快3 快三彩票 大發5分快3 极速快3购彩平台 分分快3 大发快乐8 乐发ll welcome购彩中心 五分快三 10元投资彩票赚钱平台 鼎发彩票 彩神iv争霸 网信快3 一分快3 凤凰彩票app下载 3分pk10 乐彩 湖南快3 快3购彩平台 乐发lv 彩神Welcome入口 乐发3彩票APP 购彩中心 55世纪-购彩大厅 大发云app 星辰阁彩票购彩大厅 彩神v 大发彩票购彩平台 5分快3 快三彩票购彩平台 大發3分快3 快3平台 乐彩彩票 大发彩票快乐8 乐发IV welcome手机购彩 大众购彩 天天中平台 快盈IV500 幸运快三 买大小平台赚钱 1分快3 彩神彩票购彩平台 大发pk10 彩信平台 三分11选5 快3购彩中心 乐发ll下载app 彩神Welcome登录入口 乐发 采彡神争霸 快盈iv 神彩v8 55世纪官网 大发彩票www官方 凤凰彩票 10分快三 快三彩票官方网站 五分飞艇 乐发彩票官方网站 乐发Vll 大发快乐8官网 乐发app 大发彩票welcome 幸运5分彩 百姓快3 百度彩票 彩神网 大发彩票 3分快三 快3彩票 一分11选5 极速快3 五分快乐十分 大发购彩中心 乐发lll 大发welcome 大发系列平台 东方彩票 五五世纪平台 凤凰快3 乐发IV彩票购彩中心 彩88 凤凰彩票官方网站 5分pk10 五五世纪 山西快3 55世纪购彩平台 乐发lx Welcome彩神 乐发3彩票APP 购彩中心 55世纪-购彩大厅 大发云app 星辰阁彩票购彩大厅 彩神v 大发彩票官方网站 五分快3 快3彩票购彩平台 三分PK10 乐发彩票 乐发国际 大发快乐8购彩平台 乐发III 手机购彩 一分快3平台 10元投资彩票赚钱平台 鼎发彩票 彩神iv争霸 网信快3 一分快3 凤凰彩票app下载 3分pk10 乐彩 湖南快3 快3购彩平台 乐发lv 彩神Welcome入口 乐发1 彩神8 百姓彩票welcome 一分三可空降可约app下载 彩神ix 彩票宝 大发彩票app下载 10分快3 快3彩神官方网站 四川快3 乐发彩票购彩平台 乐发彩票ll 大发快乐8官方网站 乐发app下载 welcome凤凰彩票 万乐彩 在线快3 百度彩票 彩神网 大发彩票 3分快三 快3彩票 一分11选5 极速快3 五分快乐十分 大发购彩中心 乐发lll 彩神welcome 乐发网投平台 网信彩票 优彩彩票 彩神8v 网信快三 乐乐彩 凤凰彩票购彩平台 10分pk10 55世纪 重庆快3 55世纪官方网站 乐发VI 彩神 乐发Ⅲ welcome大发彩票 大发购彩大厅welcome 百姓快三 名发app PK彩票 大发彩票购彩平台 5分快3 快三彩票购彩平台 大發3分快3 快3平台 乐彩彩票 大发彩票快乐8 乐发IV welcome手机购彩 大众购彩 天天中平台 快盈IV500 幸运快三 买大小平台赚钱 1分快3 彩神彩票购彩平台 大发pk10 彩信平台 三分11选5 快3购彩平台 乐发lv 彩神Welcome入口 乐发1 彩神8 百姓彩票welcome 一分三可空降可约app下载 星辰阁彩票购彩大厅 彩神v 大发彩票官方网站 五分快3 快3彩票购彩平台 三分PK10 乐发彩票 乐发国际 大发快乐8购彩平台 乐发III 手机购彩 一分快3平台 彩神v8 快三网站 天天彩票 快三平台 1分快三 彩神彩票官方网站 大发三分快3 极速快三 三分PC蛋蛋 彩神购彩中心 乐发lll下载 彩神welcome 乐发网投平台 网信彩票