2022.09.22 20:30 GMT+8

Rate hikes won't solve long-term problems

Updated 2022.09.22 20:30 GMT+8
CGTN

As the world's largest economy, the U.S.'s constant rate hikes will negatively affect poorer nations and the global economy. We must refocus on free trade and investment, which itself demands stability and cooperation. Failing to do so will only bring further confrontation, or even a new Cold War, which will only render countries poorer.

Copyright © 

RELATED STORIES