On 30 July, the Politburo of the Communist Party convened its first economy-focused meeting for the second half, sending key signals as to Beijing’s policy intentions for the remainder of the year.Amidst the market perils created by worsening trade relations with the US and EU, as well as the adverse impact on global energy prices of war in Iran, the Politburo’s July meeting placed heavy emphasis on measures for “stabilising growth.”The last tim…
Spain is growing significantly stronger than many large euro countries. In addition to immigration and EU billions, two politically sensitive factors also help: Russian LNG and Chinese industrial projects.