September 8, 2018

The economic policies being pursued by the U.S. and China could bring about a massive slowdown in global growth, according to Britain's top former bank regulator.

Economic growth in the U.S. remains robust in 2018, yet in much of the rest of the world signs of deteriorating momentum have emerged since the start of the year.

Strong and synchronized global growth in 2017 appears to have given way to a more varied outlook, with escalating global trade tensions — notably, between Washington and Beijing — keeping financial markets on edge.

Read more:

https://www.cnbc.com/2018/09/08/us-and-china-could-see-a-big-slowdown-in-global-economic-growth.html