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The emerging market currency index hit an intraday high.

2026-05-29

The emerging market currency index hit an intraday high.

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2026-05-29

The World Economic Forum’s Chief Economist Outlook says the Middle East conflict and shipping disruption in the Strait of Hormuz have increased the risk of a major global economic shock. Nearly 90% of surveyed chief economists expect global growth to

The World Economic Forum’s Chief Economist Outlook says the Middle East conflict and shipping disruption in the Strait of Hormuz have increased the risk of a major global economic shock. Nearly 90% of surveyed chief economists expect global growth to slow over the next 12 months; as many as 94% expect global inflation to rise over the same period. Respondents judge the damage from a Strait of Hormuz shipping “blockage” to be materially larger than last year’s tariff disruptions. If shipping bottlenecks persist into H2, they would amplify supply-chain strains and push up energy and food costs. The report expects the Middle East and North Africa to be most affected with weak growth, sees sharply higher inflation expectations in Sub-Saharan Africa, and warns of a rising stagflation risk in Europe.
2026-05-29

On May 27 National Development and Reform Commission vice‑chair Zhou Haibing met with Germany's Federal Minister for Economic Affairs and Energy Lai Xie. They discussed China’s 15th Five‑Year Plan, Sino‑German macroeconomic trends, a China‑Germany cl

On May 27 National Development and Reform Commission vice‑chair Zhou Haibing met with Germany's Federal Minister for Economic Affairs and Energy Lai Xie. They discussed China’s 15th Five‑Year Plan, Sino‑German macroeconomic trends, a China‑Germany climate and green‑transition dialogue mechanism, and China‑EU economic ties. Zhou said that during the 15th Five-Year Plan period China will continue to pursue high‑quality development, steadily expand high‑level opening‑up and accelerate a comprehensive green transition, and welcomed German firms to deepen their presence in China, expand cooperation and share in China’s growth dividends.
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