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"Goodwill impairment will weigh on listed companies' earnings for the 2018 fiscal year, but makes it easier for them to post performance growth this year," Cao said in a note on Thursday.
"Global cooperation is ever so important to deal with a truly global crisis," said Gopinath, who warned that geopolitical and trade tensions could damage fragile global relationships at a time when trade is projected to collapse by around 12 percent.
"For those who don't live in China, they don't understand how vast the implications are if American companies aren't allowed to use it," Craig Allen, president of the US-China Business Council, was quoted by The Wall Street Journal as saying. "They are going to be held at a severe disadvantage to every competitor."
"Going forward, we will make efforts to make Dingxiang's flange manufacturing more appealing to the global market, through tech innovation and product quality enhancement," he said.
"Given the lack of conventional monetary support available, the recovery could falter without a strong fiscal policy response leading to years of anaemic growth," he told an Australian Business Economists event on Thursday, according to The Guardian.
来源：资阳报