In this issue, you will find Christine Peltier's editorial, as well as the update of our “EcoNews” and “Markets Overview” sections.
China has never exported as much as it does now, and its trade surplus has never been higher. At the same time, its economic growth is slowing, held back by weak domestic demand. The imbalances in China’s growth model, and the external imbalances they give rise to, are therefore continuing to worsen. With Europe taking a tougher line and the United States, with which China shares nothing more than ‘strategic stability’, the standoff looks set to continue. However, the European Union and China would have a great deal to lose from a lasting deterioration in their relationship. It is in the interests of both parties to seek to restore the balance. To this end, it is important to understand Beijing’s objectives and the constraints facing China
The latest economic news.
Equity indices, currencies, commodities, bond markets.
