As the global economy slows, it's denting global trade and hurting economies in farflung places. The World Trade Organization now expects global trade to grow at 1% next year instead of 3.4%. One of the regions most impacted will be South America, where trade will increase only 0.3% in 2023, according to the WTO.
South…
For the first time in over two years, China’s monthly exports fell year-on-year as the global economy cooled off.
As the world’s top export power, China is bearing the consequences of higher inflation in the U.S. and European Union, rising interest rates, lower economic growth, and the end of stimulus payments. In addition, Beijing has…