• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

China-US Trade Wars Derails Growth of Global Value Chains by 3-5 Years-UNDP

June 17, 2021 by Forex Winner Leave a Comment

China-US Trade Wars Derails Growth of Global Value Chains by 3-5 Years-UNDP

Source: Bloomberg

Continued trade wars between the US and China is costing global value chains about 3-5 years of growth.  SPY is down -0.56%, CSI 300 is up +0.42%, USDCNY is up +0.61%

Best Forex Robots ›

Compare leading trading systems on the market

China-US Trade Wars Derails Growth of Global Value Chains by 3-5 Years-UNDP

The report by the United Nations Development Programme pokes holes on economic recovery in China and the Asia-Pacific region following trade wars.

UNDP says the absence of policies to curtail production sharing makes it costly for global value chain trade.

Washington and Beijing agreed on a partial trade deal last year, although China has shown little commitment.

UNDP also found restrictive trade policies put in place during the pandemic raising shocks in the global supply chain.

The UN body sees “significant potential” if countries work together through trade agreements.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

Hot Forex

HotForex Review

November 10, 2019 By Forex Winner

ufx

UFX Review

November 18, 2019 By Forex Winner

Saxo Bank

Saxo Bank Review

July 25, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure