China? i trade barriers or has with china? 4“ . trade barriers or has with china? ~ ., , china? i think that putting trade barriers china? i think that putting trade barriers and - china? i think that putting l trade barriers and resorting china? i think that putting - trade barriers and resorting to nationalistic policies and market fragmentation, we live through this and we know it and publishers us all. we should all have space in international trade for a mark that works to the benefit of citizens throughout the world. how worried are throughout the world. how worried are you throughout the world. how worried are you about - throughout the world. how worried are you about trade protections? worried are you about trade rotections? , ., , ., protections? history has taught us that trade protections? history has taught us that trade protectionism - protections? history has taught us that trade protectionism is i us that trade protectionism is not good for any of the partner
Because countries are becoming more insulated, we are seeing more trade protectionism emerge and that also has leaders here quite worried about what that means going forward. for now, thank you for that immediate reaction from those new figures we have had from the imf. we are following events at the imf, they are giving further details about their updates, just those headlines to remind you of that the uk is predicted to be the worst performing advanced economy this year, the us in contrast is forecast to grow by 1.6% this year and a further i.i% in contrast is forecast to grow by 1.6% this year and a further 1.1% in 2024. so 1.6% this year and a further 1.1% in 202a. so the big question, what does all this mean for interest rates? so mira touched on it suggesting interest rates could start falling once again back to what we saw before the pandemic. this was in a report released a little earlier today. predicting the increase in borrowing costs we have been feeling could be a permanen
Are really feeling the impact. so we already saw that a big aid package was given to sri lanka to come combat high inflation they are. we know that other countries are still negotiating with the imf and with the world bank. and what the criers going to be, certainly, is that more help should be given by bigger economies to smaller economies. given the way the global economy here is changed of late, is there a thought, perhaps, that the imf and the world bank themselves need to change? the world bank themselves need to chance? . , ~ the world bank themselves need to chance? ., , . ., , change? certainly. we are seeing the real shift happening change? certainly. we are seeing the real shift happening in change? certainly. we are seeing the real shift happening in terms - change? certainly. we are seeing the real shift happening in terms of- change? certainly. we are seeing the real shift happening in terms of the i real shift happening in terms of the way the global economy works. fo
“The dynamism and momentum of China’s economic growth is strong," Chinese Premier Li Qiang said at the Boao Forum for Asia, while criticising "unilateral sanctions and long-arm jurisdiction by the US".