OPEN APP
Home / News / World /  Davos 2019: China-US trade tension a major risk to global growth, says IMF chief

Davos 2019: China-US trade tension a major risk to global growth, says IMF chief

International Monetary Fund (IMF) Managing Director Christine Lagarde attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland Photo: Reuters/Arnd WiegmannPremium
International Monetary Fund (IMF) Managing Director Christine Lagarde attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland Photo: Reuters/Arnd Wiegmann

  • Christine Lagarde said US-China trade tension could preciptate the slowdown of the Chinese economy.
  •  'A slowdown of China is fine. It's legitimate,' said Lagarde at World Economic Forum in Davos

Davos: International Monetary Fund Managing Director Christine Lagarde on Thursday reiterated that the major risk facing the global economy was the trade tension between China and the United States.

She said it could preciptate the slowdown of the Chinese economy.

"A slowdown of China is fine. It's legitimate," Lagarde told delegates at the World Economic Forum in Davos. "But if the slowdown was fast, it would constitute a real issue," she said.


This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Subscribe to Mint Newsletters
* Enter a valid email
* Thank you for subscribing to our newsletter.
Close

Recommended For You

×
Edit Profile
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout