Tag: Trade slowdown

China behind 2015 global trade slowdown

Washington, United States (AFP)—The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said Wednesday. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down from 3.0 percent in 2014, the Bank said in a new report. That stall in trade, one of the key drivers of economic growth in recent years, was mostly […]