"Global trade is dithering, international investment has yet to recover to levels before the financial crisis, the global economy has yet to find the propulsion for strong and sustainable growth. "The bigger context of course is there has been a very sharp reduction in trade growth," he said. A fifth straight global growth markdown by the IMF looks almost certain. British Trade and Investment Minister Mark Price and U.S. Deputy Trade Representative Michael Punke attend the opening ceremony of the 2016 G20 Trade Ministers Meeting in Shanghai, China July 9, 2016. The global economic situation is grim and major economies must lead the way in tackling problems including sluggish growth and weak trade, China's trade minister Gao Hucheng said on Saturday.

Source: Thanhnien News July 09, 2016 11:37 UTC