Understanding the dynamics of the global maritime market thr

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Understanding the dynamics of the global maritime market through a picture

China: Bloomberg economists stated that during the first Chinese New Year celebration after optimizing epidemic prevention and control measures, China's economy experienced significant growth in high-frequency data, with consumption of goods and services increasing by 10% and 13.5% respectively year-on-year; A large amount of consumer demand has been released, and consumer spending will provide key support for economic recovery.

United States: Last week, the United States announced its initial GDP for the fourth quarter of 2022, a year-on-year increase of 2.9%. Although consumption still accounts for 70% of GDP, the growth of other projects has significantly increased. The trade balance and government investment have increased year-on-year for two consecutive quarters. This means that the US economy is gradually returning to diversification. Although inflation will not rapidly decline to 2% in the short term, the economic resilience will be strengthened.

Europe: In January 2023, the European Economic Prosperity Index rebounded significantly, marking a good start for the European economy. In January, the manufacturing PMI in the eurozone was 48.8 points, while the service PMI index rose to 50.7 points from 49.8 points a month ago. Inflation continues to decline, and the rate hike has decreased, inspiring confidence among investors and consumers.