Norway wealth fund sees only China, US driving global risks

Oslo

BOTHERED about Brexit? Fretting over Frexit? Don't worry.

Norway's US$900 billion wealth fund, which owns 1.3 per cent of global stocks, says politics in only two countries constitute a global financial risk: China and the US.

"If you look back at 2016 and further back, it's clearly two countries that are so large and so important for the world economy that political developments there actually influence the full global financia…