News Snapshot:
Washington is playing a ‘negative-sum game’ with Beijing, and both sides will end up losing if geopolitical strife continues, says Lou Jiwei Lou Jiwei urges world’s major economies to rapidly roll back their loose monetary policies or excessive economic stimulus measures will take a global toll Extent of China’s V-shaped economic recovery will ultimately depend on the performance of the global economy, and the ongoing wave of anti-globalisation is cause for alarm in the near-term, Lou Jiwei warns. China could be locked into a no-win global situation for years, with the world on the brink of financial turmoil that could...
