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Macroeconomics, risk and global trends reports
Data: The beginning of the end for European industry?
European industrial output is currently unchanged from its 2000 level. Languishing 9% below its pre-crisis peak, we assess whether this is the begi...
Decarbonisation dominoes: carbon border adjustments could increase clarity
The European Union released the world’s first proposal for a carbon border adjustment in July. While the proposal governs EU trade, the biggest imp...
China economic focus April 2023: a lacklustre recovery for industry
The industry sector and related commodity demand had a weak Q1 despite solid GDP growth. A strong industrial production rebound could be delayed to...
China economic focus August 2022: property recession
China’s property market is in recession and could potentially develop into a systematic financial and economic crisis. However, we expect a managed...
China economic focus July 2021: slowing growth ahead
China’s economy will slow from the second half of 2021. Slower export growth, rising commodity prices, lacklustre infrastructure investment and exp...
China economic focus March 2023: time for changes
The new government in China needs to issue new policies to accelerate economic recovery. However, the lower-than-expected 5% GDP target signals tha...
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