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For the balance of 2023 and into 2024, developments in China and the US are expected to be at the heart of factors that might disrupt global trade, weaken global growth, and/or cause significant financial market turmoil. We highlight five emerging trends and risks within and between the China and US economies that executives should monitor for negative impacts on operations: 1) US consumer credit growth; 2) US bank crisis redux; 3) China’s growth slowdown; 4) BRICS expansion; and 5) China-US trade war intensification.
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We highlight five risks and trends worth watching.
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