UN Report: Financial Volatility May Endanger Global Trade and Push the World Economy to the Brink of Crisis

Jinse Finance reported that the United Nations Conference on Trade and Development (UNCTAD) released its "2025 Trade and Development Report" on December 2, predicting that global economic growth will slow to 2.6% in 2025, down from 2.9% in 2024. The report focuses on the impact of finance on trade, pointing out that financial market volatility has almost as much influence on global trade as real economic activity, and affects global development prospects. UNCTAD Secretary-General Greenspan stated that research results show the financial environment is increasingly dominating the direction of global trade, saying, "Trade is not only a supply chain, but also a connection of credit lines, payment systems, currency markets, and capital flows."