You are here

WTO cites US rates, refugee costs among risks to trade growth

Chinese slowdown already caused the WTO to cut its 2015 forecast for growth in Asian imports to 2.6%


WORLD trade will grow by 2.8 per cent this year and could be pegged back further by a US interest rate rise, China's economic slowdown or Europe's refugee crisis, the World Trade Organization said on Wednesday.

The forecast, revised down from a 3.3 per cent forecast made in