Tag: yangshan
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WTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up call
The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States. The new figure of 1.7 percent, down from the WTO's previous estimate of 2.8 percent in April, marked the first time…