Face the Nation with Margaret Brennan cover image

Economic Outlook and Foreign Policy

Face the Nation with Margaret Brennan

CHAPTER

China and the Global Economy - What Do You Mean?

We are sleepwalking into a world that is poorer and less secure because of a split in the global economy between the US and China. We have to diversify the sources of products that make the economy function well, lifting up the level of cost. But we shouldn't go beyond. One of your IMF researchers gave a pretty dire prediction. The impact on Chinese growth would be negative. He said: 'For the next two months, it would be tough for China'

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