WTO cites China, U.S., refugee costs as risks to trade growth

By Tom Miles GENEVA (Reuters) - World trade will grow by 2.8 percent this year and could be pegged back further by a U.S. interest rate rise, China's economic slowdown or Europe's refugee crisis, the World Trade Organization said on Wednesday. The WTO's forecast implies growth will quicken this year, from 2.5 percent growth in 2014. "These include a sharper-than-expected slowdown in emerging and developing economies, the possibility of destabilizing financial flows from an eventual interest rate