A new report suggests the economies of three major trading partners of the Island aren't growing as expected.
The International Monetary Fund says China – a powerhouse for global growth for the past five years – has gone down to an expected 5 per cent growth from 7 per cent in July.
India and Russia are also listed.
Government says it wants to make existing trade links a priority but will continue to look at emerging economies.
Economic Development's Steven Beevers is head of special projects - he says this drop doesn't signify much:
Illegal immigrant turned back at Manx border can't stay in UK
Bank scammers warning as calls target Island residents
Island to extend UK VAT cut on power, says Treasury Minister
Woman thanks mystery van driver after daring sea rescue
Stay off damaged slipway in Laxey, says local authority
MHK sues attorney general and returning officer over election votes
Islanders reminded to keep challenging domestic abuse beyond October
Comments
Add a comment