The global economy is proving resilient in the first two months of 2023. Supply chain snarls are easing, while demand conditions are neither hot nor cold. The post–Covid-19 recovery is on shaky ground as the world awaits a China recovery. Bloomberg pointed out that "a large number" of container ships are "positioned near China, waiting for a renewed flow of exports as the world's second-largest economy recovers from Covid Zero restrictions.
" "It makes sense to be close to the main export centers, to be in a ready-to-go position,"…Supply Chain Snarls Finally Appear To Be Easing
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