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"Global Coatings Network News "
"Global Coatings Network News "Trade disputes drag down global economic growth
Trade disputes drag down global economic growth
The "2018 Global Economic Outlook" released by the World Federation of Large Enterprises in New York a few days ago predicts that the global economic growth rate in 2018 will be 3.
Bart Jacques, chief economist of the World Federation of Large Enterprises, pointed out that the global economy is basically in good condition, and economic indicators such as consumer and business confidence indexes are performing strongly.
The report believes that the world economy is growing, driven by the economies of the United States, the Eurozone, and China.
The report pointed out that the economic growth of mature economies will slow down in 2018, but will maintain a growth rate of 2.
The report believes that the US economic growth in the second quarter of this year was mainly driven by economic policies, including tax cuts and consumption stimulus measures.
Experts say that if the Fed raises interest rates too fast, it will affect the economies of emerging market countries and have an impact on the economies and financial markets of emerging market countries.
Eric Root, an expert on China issues of the World Federation of Large Enterprises, believes that China's economy is expected to maintain steady growth in 2018, and the economic growth rate will be lower than in 2017, and it is expected to maintain stable growth in the next few years.
