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The US’ tariff hikes of between 10 and 20 pps should have a limited impact on the Spanish economy, less than in other advanced economies, but some sectors could be more affected.
Through the BRI, China has sought to establish alliances and improve regional connectivity through infrastructure investments and economic integration in the Eurasian continent, as well as in Africa and Latin America.
With the Belt and Road Initiative, China has not only diversified the destinations of its exports in recent years, but has also diversified the origins of its imports, becoming a voracious consumer of commodities.
While Chinese exports have grown at a record pace since 2020, domestically the situation is different: investment remains weighed down by the crises in the real estate sector and consumption is struggling to take off. What is the reason for the weakness of consumption and the lack of consumer confidence in China?