Tariffs, protectionism policies driving uncertainty in global economy: Analyst

Forumul Economic Mondial de la Davos

Chinese Premier Li Qiang urged countries to support multilateralism in the face of rising trade protectionism, in an address at the World Economic Forum’s Summer Davos gathering in Tianjin. Eswar Prasad, a senior trade policy professor at Cornell University, tells CNA’s Olivia Siong that industrial policies, coupled with the ongoing conflict in the Middle East, is adding to the uncertainty in the global economy for the long term. He also discusses what this means for the Chinese economy.