The world is facing the “most complex” geopolitical situation seen in decades, the head of the World Economic Forum (WEF) told AFP Tuesday, warning that turmoil was “impacting global growth”.
“It is the most complex geopolitical and geo-economic backdrop we’ve seen in decades,” WEF President and CEO Borge Brende said ahead of a meeting of the multilateral forum in the northern Chinese city of Tianjin.
“If we are not able to revive growth again, we can unfortunately see a decade of lower growth,” he warned.
Officials including Singaporean Prime Minister Lawrence Wong will attend this week’s WEF meeting in the port city of Tianjin — known colloquially as the “Summer Davos”.
LND/SAE
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