One of the biggest risks facing the world economy is a lurch towards protectionism, culminating in a trade war between the US and China that would threaten to spill over to other countries. We expect pressure to build over the next couple of years. But if China eventually accelerates reform in response, as we think is likely, the world economy could ultimately be much stronger.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.