The lockdowns in China further affect the already struggling international goods traffic. A huge ship jam is forming off the coast of Shanghai, while ports in Europe buckle under a flood of containers. This also has consequences for the movement of goods to Europe, that now takes more than twice as long.
Von Redaktion Table
The democratic Covid paragon Taiwan begins to lose its grip on Omicron infections after all. The previous proactive fight against the disease has now given way to party-political trench warfare, and at times there were not even enough rapid tests. Now a lockdown is being discussed.
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Global economic growth threatens to slow in the coming months. But a hard recession is not looming, according to most economic forecasts. Stephen S. Roach is more skeptical, citing three reasons for his pessimism. Above all, a weak China could drag the global economy down with it.
Von Redaktion Table
Das weltweite Wirtschaftswachstum droht in den nächsten Monaten abzunehmen. Doch eine harte Rezession drohe nicht, lauten die meisten Wirtschaftsprognosen. Stephen S. Roach ist skeptischer und nennt drei Gründe für seinen Pessimismus. Vor allem ein schwaches China könnte die Weltwirtschaft mit in den Abgrund reißen.
Von Redaktion Table
