国际 全球经济复苏与金融市场不确定性

2016-2017年的全球经济普遍复苏为世界各国抵御外部金融风险提供了一定的基本面支撑。然而,国内信贷和债务负担、外汇市场汇率风险、贸易保护主义和一系列政治事件造成的冲击等依然对新兴和发展中国家金融稳定带来挑战。展望2018年,最需要关注的是发达国家货币政策正常化进程,尤其是美联储的缩表和加息节奏将对全球金融市场造成的影响,

In 2017, the global economy has been recovering steadily. However, due to debt burden and slow economic restructuring, especially a series of uncertainties such as political factors and the slow normalization of monetary policy, the international financial market was volatile. In 2018, the normalization of monetary policy in developed countries shows signs of more rise of interest rates, exerting an impact on global financial markets. Emerging and developing countries will face the challenge of a new round of capital outf low, thereby destabilising their financial markets.