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10.08.2022
China: Politburo drops GDP target and decrees stability in H2 2022
GDP growth bottomed in Q2 and should recover around 5.0% y/y in H2 2022. The July Politburo meeting confirmed this, stressing “stability” and dropping the 5.5% GDP growth target. We maintain our forecast for 2022 unchanged at 3.7%.
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05.08.2022
Switzerland: a haven of resilience amid the turbulence of change
Will the first half of 2022 be remembered as the turning point? It certainly looks that way, judging by the shift in the prevailing mood since last winter.
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