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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.
The Chinese authorities seem willing to tolerate a slower pace of growth, prioritising economic security. What implications will this new macroeconomic environment have for China and what will be the ramifications globally?
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?
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.