This will arguably be one of the most important indicators for both China and the rest of the global economy for years to come. This is why I am less worried than others about the frequently cited risks confronting the Chinese economy. But South Korea’s recent data suggest that globalization still has some life left in it, and that 2017 is off to a decent start. In fact, barring the worst-case scenario under Trump, it is possible that the slowdown in global trade in recent years will turn out to be a temporary phenomenon. These six indicators suggest to me that the global economy might now be growing at a rate of more than 4%.
Source: Mint February 12, 2017 19:07 UTC