OECD fears slowdown in global trade amid China woes
by Katie Allen from Economics | The Guardian on (#T0WC)
Thinktank says governments should boost spending and investment to support growth
A sharp slowdown in global trade on the back of China's troubles poses a threat to economic growth and calls for richer countries to step up investment while keeping monetary policy loose, a leading thinktank has warned.
OECD cuts global growth f'cast to 2.9 for 2015, 3.3% for 2016, from 3.0 and 3.6 in Sept. Sept (left) and Nov tables pic.twitter.com/6aHTtIfch0
Continue reading...