One Upside to Economic Woes May BeChina-U.S. Thaw

The U.S. is contending with scarce workers, ravenous demand for goods, and rising inflation. China is fighting power outages, weak consumption and a property sector in free fall.

While this might seem like a toxic environment for investors, there is one major potential upside: It is impossible, at least for now, for the Biden and Xi administrations to ignore how much their two economies depend on one another. That could help, for a little while at least, to contain the vicious cycle of escalation which has poisoned the global investment environment and raised fears of more serious conflict over the past three years.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top