Important event
Asian Development Bank cut China GDP forecast to 4% for 2022 but keep 4.8% for 2023.
China COVID cases cross 1,000 mark, first high in 2 months, stirring more restriction risk.
🇹🇼 Taiwan tensions stirred as China Envoy says US is blurring “One China” policy on Taiwan. Reuter report that China warns of forceful measures if US House Speaker visits Taiwan.
US Commerce warns on recession risk of chips from Taiwan cut off.
Draghi May resign and trigger early elections in Italy
IMF cut Germany GDP forecast to 1.2% for 2022 and 0.8% for 2023 (both from previous 2.0%)
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