Japan’s PM seeks trade reform as risks to world economy loom

01/23/2019

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Pan Pylas and Jamey Keaten | Associated Press

DAVOS, Switzerland (AP) — Japan’s prime minister says China’s slowing growth, Brexit woes and U.S.-China trade disputes pose risks to the world economy, while decrying the World Trade Organization as “behind the curve” and in need of reform to help ease trade tensions.

Shinzo Abe used his return to the World Economic Forum in Davos, Switzerland, after five years to hail the benefits of two “mega deals” in trade — on the Pacific Rim and between Japan and the European Union — at a time when populism and isolationism have elbowed in on an era of globalism.

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