VW executive sentenced to jail in US -IMF warns China about banking system - ECB to report on Basel bank reforms
The International Monetary Fund criticized Trump's tariffs plans and warned of their negative impact. The IMF also said by 2020 US economic growth will dip to lower levels than the White House predicts.
Volkswagen has trumpeted a bright start to 2018 and outlined massive spending plans for electric vehicle and autonomous-driving ventures in China, ahead of the Beijing auto show, which is scheduled to open on Wednesday.
The global emergency lender sees the world economy on a robust growth path in the coming two years. However, that outlook faces a severe risk if trade tensions between the US and China escalate in the month ahead.
German Chancellor Angela Merkel is en route to Beijing to discuss a number of issues with her Chinese counterpart. These will range from the rule of law to international disputes - especially with regard to trade.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version