Global finance heavyweights gathered in Shanghai this week for the sixth Bund Summit, where discussions revolved around one hot question: How do we navigate a world of economic uncertainty? 💡 With growth lagging behind pre-pandemic levels and climate challenges looming, the stakes are high.
Over 3 days, experts debated solutions to avoid a \"vicious cycle\" of trade barriers. World Bank’s Anna Bjerde stressed the need for deeper global integration: \"Trade restrictions hurt everyone. We need smarter cooperation.\" 🌍 Meanwhile, Jean-Claude Trichet, ex-head of the European Central Bank, praised global supply chains for boosting prosperity and criticized moves toward decoupling: \"Europeans aren’t buying into that narrative.\"
While the World Bank predicts a 2.7% global growth \"soft landing\" in 2024, the vibe at the summit? Optimism mixed with urgency. 🔥 As one attendee put it, \"This isn’t just about numbers—it’s about building bridges.\"
Reference(s):
Bund Summit: Navigating a changing world through connectivity
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