NUSA DUA, Indonesia | As markets swoon, finance chiefs urge US, China to cool it

11Oct - by Editor - 0 - In STL.News



NUSA DUA, Indonesia  — The heads of the World Bank and IMF appealed Thursday to the U.S. and China to cool their dispute over technology policy and play by world trade rules, as tumbling share prices drove home potential perils from a clash between the world’s two biggest economies.

Global economic growth is slowing but remains strong, Christine Lagarde, managing director of the International Monetary Fund, said on the sidelines of the IMF-World Bank annual meeting, being held this week on the Indonesian island of Bali.

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