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US-China trade friction, cause of downward risk Influence spread to emerging countries = IMF senior official

2019-10-16T17:08:31.036Z


[Washington, 16th Reuters]-An official of the International Monetary Fund (IMF) said on the 16th that the US-China trade friction is a significant risk factor for the global economy and will affect emerging markets. IMF's Tobias Adria


[Washington, 16th Reuters]-An official of the International Monetary Fund (IMF) said on the 16th that the US-China trade friction is a significant risk factor for the global economy and will affect emerging markets.

IMF Director Tobias Adrian Financial and Capital Markets said the trade war between the United States and China has had a significant impact on financial markets for the past two years. Another IMF official pointed out that it could cause a “domino effect” in small economies.

Adrian urged global policy makers to work together to resolve trade issues, saying “trade tensions are an important cause of uncertainty and downward risk” and “impacts on emerging markets” .

Source: asahi

All news articles on 2019-10-16

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