IMF Official Warns of Dire Consequences of China-West Divide on Global Economy
===============
#226688e6 ver:0.13
The IMF warns that the China-West divide could have dire consequences for the global economy, with potential costs ranging from 0.2% to 7% of world GDP. Trade fragmentation and a retreat from global rules of engagement are major concerns. To mitigate the impact, diversifying commodity supply and investing in mining and critical mineral recycling are recommended. Preserving gains from open trade and developing digital trade infrastructure are also crucial. Policymakers and industry leaders must address these challenges for a stable and inclusive global economy. #IMF #ChinaWestDivide #GlobalEconomy #TradeFragmentation #RulesBasedTrading #Diversification #DigitalTradeInfrastructure...
#newstr #Imf #GlobalEconomy #ChinawestDivide
https://here.news/story/226688e6?ver=0.13
Protecting Global Free Trade in the Face of US Nationalism /
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2024-05-08 00:55:38
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2024-05-08 00:55:38Event JSON
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"content": "IMF Official Warns of Dire Consequences of China-West Divide on Global Economy\n===============\t\n#226688e6 ver:0.13\n\nThe IMF warns that the China-West divide could have dire consequences for the global economy, with potential costs ranging from 0.2% to 7% of world GDP. Trade fragmentation and a retreat from global rules of engagement are major concerns. To mitigate the impact, diversifying commodity supply and investing in mining and critical mineral recycling are recommended. Preserving gains from open trade and developing digital trade infrastructure are also crucial. Policymakers and industry leaders must address these challenges for a stable and inclusive global economy. #IMF #ChinaWestDivide #GlobalEconomy #TradeFragmentation #RulesBasedTrading #Diversification #DigitalTradeInfrastructure...\n\n#newstr #Imf #GlobalEconomy #ChinawestDivide \n\n https://here.news/story/226688e6?ver=0.13",
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