Global trade will ‘find a way’ to weather US-China tensions
KEY POINTS 6park.comThe volume of goods traded worldwide grew 3.9% in 2018 — when the U.S.-China tariff fight started — down from 5.6% the previous year, according to the International Monetary Fund.But shipments of goods in and out of China have largely been “unabated,” says Christian Lanng, chief executive and co-founder of Tradeshift, a business commerce platform.Lanng says given that “it took around 30 years to establish the global supply chains” that are up and running currently, it’ll take “a lot longer” than one year to unwind those network. 6park.com 6park.com 6park.com 6park.comWATCH NOW 6park.com 6park.comVIDEO02:33 6park.comTrade will find a way and flows will continue: Tradeshift 6park.comWhile tensions between Washington and Beijing have slowed trading activity globally, it’ll take many more years for existing supply chains to be shifted away from China, according to the co-founder of Tradeshift, a business commerce platform.
The U.S. and China have been embroiled in a year-long trade conflict that has resulted in elevated tariffs on hundreds of billions of dollars in goods that the two countries trade. 6park.com According to the International Monetary Fund, the volume of goods traded globally grew 3.9% in 2018 — the year that the U.S.-China tariff fight started. That’s down from 5.6% the previous year.
But shipments of goods in and out of China have largely been “unabated,” Christian Lanng, chief executive and co-founder of Tradeshift, told CNBC’s Geoff Cutmore and Arjun Kharpal on Tuesday at the World Economic Forum in Dalian, China.
“There’s a little bit of a slow down,” he said. 6park.com 评分完成:已经给 色是空空是色 加上 50 银元!
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