Post by Arise News (@arisenews)
China Must Consume More, US Must Save More
China needs to consume more domestically and rely less on export-led growth. Whilst the U.S. has to save more and get its fiscal house in order.
The world economy is marked by some troubling over-dependencies. The weaponisation of some of these over-dependencies is swelling resentment, anxiety and political tension.
Director General, World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala
0 likes · 0 comments · 0 shares