China, Russia, Asia: A reorganisation of flows
A reorganisation of all types of flows (diplomatic, economic, financial, energy, etc.) is underway, and not without pain. After a phase of rapid development in recent decades, these changes imply a slowdown in growth and not necessarily a general recession, even for Russia. The causes are obvious: the Covid pandemic, the war in Ukraine and the sanctions; the resulting shortages and inflation. In detail, there are of course national specificities.
In China the structuring issues are internal and have nothing to do with the other side of the Pacific.
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