Jone Lorente Salaberria
China has emerged as a global leader in the EV market. Its domestic market sales and exports value show China’s good performance in the sector. China will continue to be one of the top players in the global EV market.
In the aftermath of the COVID-19 pandemic, the trend of industry relocation away from China is gaining momentum, at least in certain sectors. By analyzing China’s trade patterns through the lens of the global supply chain, the note attempts to identify the potential winners.
Asia’s growing inflation pressures have significantly picked up due to the global supply chain disruptions and high commodity prices. Inflation dynamics have been divergent as consumption habits hit differently. Inflation inertia remains high, while housing and transport push is stable, food prices are climbing.