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DEW - Global Soft Landing Depends Heavily On China
WisdomTree Global High Dividend Fund
Worsening consumer and business sentiment, increased inflation, and central banks moving to tighten monetary policy, with the US Federal Reserve being the most aggressive, have increased the risk of a global recession.
When China imposed widespread lockdowns in April in pursuit of its zero-Covid policy, its economy was dealt a major blow.
Stronger growth in China and fewer restrictions on activity should have a healthy effect on the Chinese demand for the exports of other Asia-Pacific economies.