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The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum's annual meeting counted the likely cost for their economies and businesses.
Businesses that fail to transform will be on life support by 2030, PwC survey finds.
As its annual conference at Davos began, a survey of economists by the World Economic Forum cast doubts on future global stability and warned of a recession.
© Provided by Xinhua The executive said China is probably one of the most advanced countries in the world in its use of technology in new and different
© Provided by Xinhua The executive said China is probably one of the most advanced countries in the world in its use of technology in new and different