The Heat: Global Economy

The World Bank said global growth is stabilizing but at a weak pace. In the United States, inflation reached a 3-year low as the Federal Reserve prepares to cut interest rates next week. #heat #globaleconomy #trade #interestrates Meanwhile, in China foreign trade is up while producer prices are down. The country is also moving to open up manufacturing to foreign investment. Joining the discussion:  Yan Liang is a Chair Professor in Economics at Willamette University.  Otaviano Canuto served as a Vice President and Executive Director for the World Bank, currently a Senior Fellow at the Policy Center for the New South. John Gong is a Professor at the University of International Business and Economics. Anthony Chan is a former Chief Economist with JPMorgan Chase.  Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.