Macroeconomics

The last two weeks have been among the quietest in recent memory, economically and politically.

The war in Ukraine and the diplomatic struggle of the superpowers for a new political global balance continued to dominate. China’s position probably plays the most important role here at the moment. On the one hand, China is trying to push back the strength of the US, but on the other hand, of course, it also knows that without the global sales markets, it is not so easy to maintain positive economic development in its own country.

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