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DAVOS, Switzerland — Fears are rising about the state of the world’s biggest economies, with China posting its worst annual growth in decades and the United States injecting more uncertainty with tariffs and a lengthy government shutdown. China reported Monday that its economy expanded by 6.6 percent last year — a figure that would be good for many countries but represents the slowest growth for China in 28 years. Meanwhile, the International Monetary Fund downgraded its expectations for the global economy, highlighting sharp declines in Europe and warning that the risks of a major slowdown have increased.
The pair of announcements came as top executives and world leaders gathered in this ritzy ski resort town for the annual World Economic Forum. In contrast to a year ago — when President Trump and other world leaders talked about global prosperity — this year attendees expressed worry that the United States was undermining its own economy, and the rest of the world’s, via a trade war and the longest partial government shutdown in U.S. history.
https://www.washingtonpost.com/busin...=.29943fd77c04
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