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WASHINGTON: The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said today.
Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down from 3.0 percent in 2014, the Bank said in a new report.
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http://economictimes.indiatimes.com/articleshow/51333659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down from 3.0 percent in 2014, the Bank said in a new report.
Read more at:
http://economictimes.indiatimes.com/articleshow/51333659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst