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Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
The World Bank reduced its growth forecast for the global and U.S. economy to the weakest pace for global output since 2008, citing trade war disruptions sparked by President Trump.
In the postwar period, it pursued a Soviet-style model of a centrally planned economy in which the government controlled all production, trade and prices. The collectivisation of farming, its primary ...
The number of Chinese companies on the Global 2000 has dropped from a peak of 351 in 2022 to 317 this year. Sluggish domestic ...
China returns to trade talks with the U.S. holding, from its view, a strong hand: Its economy is bearing up better than ...