An analysis released by the Federal Reserve Bank of New York (FRBNY) on Jan. 6 suggests that China’s current COVID-19 outbreak is slowing the global supply chain’s return to a normal range and negatively impacting neighboring trade partners. The FRBNY first released its Global Supply Chain Pressure Index (GSCPI), a measure of global supply chain…
German Chancellor’s China Visit Motivated by Eagerness to Strengthen Economic Ties
News Analysis German Chancellor Olaf Scholz has confirmed that he will lead a German business delegation to visit China in early November. The visit comes after EU leaders shared their concerns about Europe’s economic dependence on China under the leadership of the Chinese Communist regime. However, Scholz stated repeatedly that Germany must continue trade with…
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