Risk to UK from a China downturn could be bigger than thought – BoE research

The risk to Britain’s economy from a sharp slowdown in China could be around 50 percent larger than previously estimated, new Bank of England research showed on Friday. China, the world’s No.2 economy, has started to cool due to a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers. While Britain would be affected mainly … https://reut.rs/2K09uvd

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