Chinese concerns

The length of the coronavirus epidemic determines the extent of the decline in the Chinese and the world economy. The first domino escapade is expected to be soon in the global supply chain. Most analysts also agree that the biggest problem will be caused by the epidemic in the first three months of the year. Manufacturing, retail and tourism will suffer the relegation, but there will also be winners, such as the pharmaceutical industry.

We will hardly wait for spring this year – Reading

There are more worries and tension in the markets than usual, an update comes every minute about the number of the infected, which I disbelieve rather than do (because of the famous reliability of Chinese statistics, I used to live in socialism). Worried about Chinese banking system, German exposure, Asian currencies, supply chains, and I […]