News Snapshot:
Washington [ US ], October 21 (ANI/Sputnik): The growing US - China tensions in trade, tech and geopolitical spheres may hamper post-coronavirus economic recovery alongside other risks such as the second wave of the pandemic and social inequality, the International Monetary Fund (IMF) said on Wednesday. "Escalating US - China tensions spanning trade, financial flows, technology, and geopolitics could pose major economic risks, given Asia's major role, among other things, in global value chains ... A rise in social unrest triggered by the pandemic's disproportionate impact on the poorest and most vulnerable could compromise recent hard-won gains," the IMF said...
