"Only China is an exception"

According to media such as American Consumer News and Commercial Channel (CNBC), Suburman, director of the Global Market Research of Nomura Securities in Japan, said in an interview with the media that as countries fight against inflation by tightening monetary policy, the world Major major economies will fall into decline in the next 12 months, while the Chinese economy is accelerating recovery.

A recent research report released by Nomura Securities shows that the United States, Britain, Japan, South Korea, Australia, Canada, and some euro areas will fall into recession. However, China, as the world's second largest economy, is an exception. With the implementation of stable monetary policy and the fading of the influencing factors of the epidemic, the Chinese economy is recovering. Wall Street Investment Bank believes that the development of emerging markets around the world will be encouraged by China's economic recovery, which can enhance the resilience to resist the economic recession.

Sublaiman said that the main reason for the decline in economic decline in the United States and the United States is the tightening of monetary policy, rising inflation, and deterioration of financial conditions. "In fact, many developed economies have fallen into decline, but the degree of decline is different."

Nomura Securities predicts that starting in the last quarter of 2022, the US economy will fall into a long -term decline in five quarters; for Australia, Canada and South Korea, if the property market collapses due to interest rate hikes, it will face more serious than expected expectations. The risk of recession; Japan's economic recession will be mild.

Source: Overseas Network Yang Jia

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