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Spreads stay high, and maybe even start widening again.
The deficit is forecast to start widening again by the end of the decade, and to deteriorate rapidly thereafter.
If overseas demand for Chinese exports recovers, then China's trade surplus could start widening again as well.
America's exports to China (its third-largest export market) rose by 13% in the year to October, at the same time as its exports to Canada and Mexico (the two countries above China) fell by 14%.Some forecasters, such as the IMF, expect China's trade surplus to start widening again this year unless the government makes bold policy changes, such as revaluing the yuan.
But the report said the deficit would start widening again in 2016 and continue on an upward path with "serious negative consequences" on the economy, increasing "the risk of a fiscal crisis".
Start widening your "wine-describing" vocabulary.
Similar(53)
Families First and Best Start widened their services to include even communities.
The latest data suggests the pay gap between men and women has started widening again.
In 1997 credit spreads had started widening as everyone feared Asia's finances and its low-quality debt.
Kelesidou does not explain why the gap between the ENTJs and all the rest of us started widening so dramatically a few decades back.
You may not know about it until you start experiencing pain while chewing food, as the crack starts widening under biting pressure.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com