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China’s got problems, but inflation ain’t one

Covid 19 testing in china

  Forecasts for a second year of strong global growth face two main dangers: the health of China’s economy and the prospect of much higher US interest rates. How the world’s commercial poles navigate these risks will determine whether 2021’s rapid expansion was a blip or whether the recovery will outlive the pandemic. China appears determined to quash — rather ...

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Supply chain snarls may be here to stay

California overloaded ports

From the way people have worried about it, you might think that the world’s value chains have been in turmoil for much of the past two years. Searches for the term “supply chain” on Google roughly doubled between June and October, when they briefly overtook “interest rates” as a topic of concern. That coincides with a period when the cost ...

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Everyone is back into the European bond market pool

  New European bond issuance had a hesitant start to 2022, with the first week constrained by the release of hawkish minutes from the Federal Reserve. But the second week more than made up for it: A new record was set with over 144 billion euros ($165 billion) of Europe-originated syndicated bond deals printed so far this year. This week’s ...

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