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Author Topic: US-China achieves trade deal, reducing uncertainty in global economy  (Read 854 times)

Entomip

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US-China achieves trade deal, reducing uncertainty in global economy

"The signing of the first phase of the trade agreement between the United States and China will help reduce the instability that will affect the economy," said Christina Jorge Jiva, director of the International Monetary Fund. world

    "What we have seen now is that uncertainty has diminished. But still not completely eradicated, "said George Jiva.

However, Georgios has not revealed the number forecasts for the global economic growth, stating that the IMF will release the figures on Monday at the World Economic Forum (WEF) in the city. Davos Switzerland

Georgios said that the IMF expects trade agreements to help the Chinese economy grow by 6% this year.

Previously, the IMF predicted that trade conflicts would reduce the global gross domestic product (GDP) by 0.8 percent, or $ 70 billion, of which a third of that amount was due to warfare. trade The rest is caused by the business sector slowing investment.



 

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