Tag Archives: oxford economics

Taxes and China – Romania’s biggest economic risks

According to Oxford Economics, right now the main risk for the Romanian economy is a strong slowdown of China’s economy, which would delete 2% of the estimated growth of Romania’s GDP. But no worry. So far, Oxford Economics’ own forecast is for Chinese growth to ‘slow gradually’ over five years from the current 6.9% to as little as 2.9%. This …

Read More »