NEW YORK (Bloomberg): A technological decoupling between the US and China and potentially Europe would cut global gross domestic product by an order of magnitude greater than the recent trade war, a senior International Monetary Fund official warned.
"The world is such an integrated place, ” Helge Berger, head of the fund’s China mission, said in an interview with Bloomberg Television on Friday (April 16).
"If you stop exchanging knowledge across countries or borders you will ultimately pay a price, and this could be fairly high.”