CLEAN : World Bank chief urges China reforms opening up

The video discusses China's economic reforms aimed at improving the rule of law and market efficiency. It highlights the challenges of reducing inequality and enhancing living standards. The global economic slowdown is attributed to trade tensions, potentially costing $700 billion in GDP by 2020. Projections for 2020 suggest global growth at 3.4% and China's growth slowing below 6%, with an emphasis on being mindful of downside risks.

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