Global economy faces two challenges

The world economy’s performance in 2017 was significantly better than the previous year. According to the World Bank forecast, global economic growth is likely to reach 3.6 percent in 2017, as the economies of the European Union, the United States and Japan all showed clear signs of improvement in the third quarter with a growth rate… Please follow and like us:

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Advisers to play role in BRICS’ worldwide influence

Think tanks will work to play a positive role in deepening cooperation among BRICS members in strengthening global governance and meeting universal challenges, according to a commerce official and a think tank organizer. With the approach of the 2017 BRICS Summit in Xiamen, Fujian province, experts on the economy and trade from higher education institutions and… Please follow and like us:

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UN Economic Commission Sees Trade Protectionism as Threat to Growth

A United Nations economic and social report released Monday warns Asia’s positive economic outlook “faces significant risk” from rising trade protectionism, especially concerns over U.S. trade policy with key partners such as China. The U.N.’s Economic and Social Commission for Asia and the Pacific (UNESCAP) survey is largely positive for the region, which now accounts for… Please follow and like us:

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US Supports Fair Trade But Rejects Ban on Protectionism

U.S. Treasury Secretary Steve Mnuchin said the meeting of finance ministers of the G20 countries was a success Saturday despite the ministers not reaching agreement on trade protectionism. “I will leave here confident that my colleagues and I are able to work in partnership to …foster and promote global growth and financial stability,” he said. Citing… Please follow and like us:

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