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Protecting Global Free Trade in the Face of US Nationalism /
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2024-06-08 05:56:51

Protecting Global Free Trade in the Face of US Nationalism on Nostr: Hong Kong Tycoon Urges Caution in Assessing East and West Amid Geopolitical Shifts ...

Hong Kong Tycoon Urges Caution in Assessing East and West Amid Geopolitical Shifts
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#226688e6 ver:0.3

Prominent economist Stephen Roach warns of Hong Kong's struggling economy without a rebound in mainland China, amid geopolitical shifts. He also criticizes the US-China trade war and urges China to shift support to higher productivity sectors. IMF's Gita Gopinath emphasizes the need for dialogue to prevent fragmentation between China and the West. The trade war has led to a decoupling of US-China economies, redirecting trade and causing a technological race. The IMF predicts a slowdown in global growth and the risk of moving away from a rules-based trading system. Ronnie Chan cautions against viewing the East rising and the West falling, urging caution and peaceful coexistence between the US and China. #HongKong #China #US #TradeWar #Geopolitics #Economy...

#newstr #HongKong #China #UschinaRelations #Geopolitics #Economy #PropertySector

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