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Nobel Laureate Joseph Stiglitz Sees US-China Tensions Impacting Global Trade Flows
Posted
September 25, 2024
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2:54Now PlayingNobel Laureate Joseph Stiglitz said rising tensions between the US and China are starting to upend global trade flows and could be both an opportunity and a risk for the developing world. Stiglitz said, “we’re in the first stage where there’s a massive circumvention where goods go from China to Vietnam, China to Mexico. That’s just changing the pattern of flow,” during a conversation at the Bloomberg New Economy event in New York Wednesday.
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