US and European markets have begun the new week a subdued mood. But core global bond yields are showing some life, lower across the board while the USD is a tad softer too
China Economic Update – December 2022
US chips controls could constrain China’s tech development goals
Trade tensions between the United States and China have been ebbing and flowing for many years – culminating in the trade war between mid-2018 and early 2020. Although China’s failure to meet the commitments outlined in the Phase One trade deal did not see a broad resumption of trade hostilities, recent US policy moves have sought to curtail China’s technology sector which could constrain a key part of the country’s planned economic development.
For further details, please see the China Economic Update (December 2022)