business / Monday, 12-Aug-2024

Former IMF official warns against de-globalization

Zhu Min, former deputy managing director of the International Monetary Fund, told #ChinaPerspectives that decoupling or de-risking, is part of de-globalization, which is not good. A lot of China exports go through Mexico and are re-exported to the United States, he said, adding that it increases the US' cost and is not good for the US or China.

Check this video and learn more.

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