257 Economists Say Global Recession Is Near, US Trade Restrictions Against China Could Stir Taiwan Invasion

[Google News Bot]

According to 257 economists polled by Reuters, the global economy is approaching a recession, but 70% of the survey’s participants believe the chances of a sharp rise in unemployment levels will be low. The poll follows the Biden administration and the U.S. Commerce Department issuing a package of trade restrictions against China’s relationship with the semiconductor industry. The tensions between the U.S. and China have given observers reason to believe that China could invade Taiwan in the near future. Accounts stemming from the 20th Communist Party Congress (CCP) conference note that Xi ...

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