国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

IMF's Lagarde says trade tensions will benefit none

Source: Xinhua| 2019-06-24 17:01:33|Editor: xuxin
Video PlayerClose

KUALA LUMPUR, June 24 (Xinhua) -- Trade tensions between the United States and China will not benefit any party over the long term, Managing Director of the International Monetary Fund (IMF) Christine Lagarde said here on Monday.

Speaking at a press conference at the Bank Negara Malaysia Museum and Art Gallery here, Lagarde said the climate of trade tension was not conducive to global trade, and countries such as Malaysia, which were deeply involved in the supply chain, could see sluggish growth.

"We don't take a political view, but what we observe and have been observing is that trade tensions, trade wars are beneficial to none," she said.

Specifically on the Malaysian economy, Lagarde said the IMF had forecast a growth of 4.5 percent, lower than the predictions of the Malaysian authorities and this was attributed to the trade tensions.

Lagarde said the IMF was concerned that trade tensions would slow the global economy next year, pointing to the 25-percent tariffs on certain Chinese goods by the United States.

"We are concerned that trade tensions could actually have a significant impact on global growth and the work that we want done at the IMF indicates that we could fear a reduction of 0.5 percent of global growth in 2020" as a result of the tariffs, she said.

She added that short-term diversions of the supply chain to other countries may seem to present opportunities, but these would not necessarily develop into a longer-term development resulting in capital expenditure and foreign direct investment to contribute to the real development of those affected.

"So nobody wins a trade war. That's for sure," she said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001381694511
主站蜘蛛池模板: 荥经县| 封丘县| 兴文县| 京山县| 渑池县| 蒙阴县| 吐鲁番市| 海阳市| 秦安县| 肇东市| 喀喇| 湘乡市| 太保市| 松滋市| 平陆县| 铜鼓县| 称多县| 辽阳县| 偏关县| 龙井市| 夏邑县| 洮南市| 泰来县| 霸州市| 寿光市| 长泰县| 辽宁省| 娱乐| 永川市| 龙山县| 自贡市| 德阳市| 泗洪县| 韶山市| 神池县| 宝清县| 上蔡县| 龙山县| 睢宁县| 原阳县| 肃北|