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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
Stocks tumbled on Friday over concerns that the U.S. economy could be cracking under the weight of high interest rates aimed to whip inflation. Qu Qiang, a fellow of the Belt and Road Research Center at Minzu University of China, says that U.S. recession fears fuel global stock market decline, sparking worldwide panic.