Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the rich world, according to a report published on Tuesday by the International Monetary Fund.
Those countries – ranging from China, the world’s second-largest economy, to default-prone Argentina – have become so embedded in the global economy, particularly via trade and commodity value chains, that they are “no longer simply on the receiving end of global shocks.”…
This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.