New Delhi, June 5 -- In an interview to the Financial Times, IMF First Deputy Managing Director Gita Gopinath said that in comparison to the coronavirus pandemic, trade war is bigger concern for the emerging markets. Talking about the bleak future outlook, Gopinath said that several emerging markets are potentially at risk of registering significant capital outflows in case the "relative economic prospects and global risk sentiment deteriorate."

She also highlighted the slowdown in the global trade volumes. On the trade war between the US and China, Gopinath added that the financial hostilities could impact the global supply chain.

Published by HT Digital Content Services with permission from MINT....