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Lack of trade finance slowing global growth: ADB
Jump in cost of funding accelerates in H2 2014; compliance measures play big part
Published Tue, Nov 3, 2015 · 09:50 PM
Tokyo
INCREASINGLY cautious banks are shying away from financing trade in emerging markets, a trend which is contributing to the sharp slowdown in the growth of world trade, which is dragging down global economic growth, the Asian Development Bank (ADB) has said.
In a report p…
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