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China and EU strike investment deal - Container shortage threatens global supply chain
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Profitable economic relations clash with competing systems. Germany is caught between the fronts. Berlin's most powerful ally and its most important trading partner are on a collision course — the US and China.
Most goods are transported around the globe by ship, making overseas containers essential. But demand for the metal boxes far outstrips supply at the moment.
Emerging markets like the BRICS countries have been hit hard by the coronavirus pandemic. How quickly they recover depends not only on vaccination rates, but also on the US Federal Reserve.
The European Parliament has said it will not approve a multi-billion-euro investment deal with China until Beijing lifts tit-for-tat sanctions.
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