IMF Official Warns of Dire Consequences of China-West Divide on Global Economy
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#226688e6 ver:0.14

The IMF warns that the China-West divide could have dire consequences for the global economy. Growing fragmentation threatens trade cooperation and global growth, with a potential cost ranging from 0.2% to 7% of world GDP. Low-income countries would be hit hardest. To mitigate the impact, diversify commodity supply and invest in mining and critical mineral recycling. Preserve gains from open trade and develop digital trade infrastructure. #China #WestDivide #GlobalEconomy #TradeCooperation...

#newstr #Imf #GlobalEconomy #ChinawestDivide #EconomicFragmentation 

 https://here.news/story/226688e6?ver=0.14