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Don’t get too excited about deglobalisation

14 June 2023

2:23 AM

14 June 2023

2:23 AM

One difference between the rivalry with China and the cold war is that the Soviet Union was completely economically segregated from the western world. That is not the case with China nowadays: cheap goods have flooded western markets for decades. But are we heading back to the multipolar world of the 20th century?

China and the West are out of step in terms of monetary policy.

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