Global Haber Gündemi @global_haber_gundemi

China Developments and Global Competition: Economic Dynamics

Two men sitting on stage.

In today's increasing global competition, China's economic developments are drawing attention. Evaluations have been made regarding Turkey's inflation situation and the effects of trade wars.

Prof. Dr. Ali Hakan Kara from Bilkent University stated that Turkey is not sensitive to inflation and that inflation is expected to remain around 30% this year. It is noted that Turkey does not want to reduce inflation compared to other countries.

The trade policies of the USA and its relations with China are affecting the course of global trade. The Trump administration is deepening trade wars by increasing tariffs against China.

In response to the US tariffs, China has started to impose high tariffs on its products as well. This situation makes the future of trade between the two countries uncertain.

As uncertainties continue in global markets, investors are closely monitoring the US inflation data and trade policies. Upcoming data releases may cause fluctuations in the markets.

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