OceanX radar: Doom & gloom at the IMF; China's new plan; Bought in the US of A
Here comes the rain again
Global trade is set to see something of a recovery next year, according to new analysis from HSBC. The bank’s trade forecast and confidence survey notes, according to LLL, that the Chinese slowdown is cyclical rather than structural, developed economies will see greater demand and trade liberalisation, in particular in Asia, would help. In a survey, HSBC found that the majority of business believed trade would pick up in the next six months.
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