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Global trading system is at risk of being ‘torn apart,’ warns IMF’s Lagarde

  • "That system of rules and shared responsibility is now in danger of being torn apart," Lagarde said, referring to the multilateral trade order she said helped bring millions out of poverty.
  • "This would be an inexcusable, collective policy failure."
  • The U.S. and China have announced hundreds of billions of dollars worth of trade tariffs on each other's key exports, a tit-for-tat standoff that experts say will only cripple growth and harm jobs.

OTHER NEWS

Việt Nam đã vướng vào “bẫy nợ” của Trung Quốc như thế nào?

18/01/2020, 2:55 PM

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How China’s downturn is impacting Southeast Asia

4/05/2016, 2:22 PM

PS: “Sự giảm phát của Trung Quốc ảnh hưởng đến Đông Nam Á như thế nào”: Thiệt hại cho Indomesia, Malaysia, Đại Hàn, Việt Nam. Có lợi cho: Myanmar   The turmoil in China’s stock markets, coupled with the country’s languishing economy, has sparked concerns about the economic situation in Southeast Asian countries. Is the […]

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