"House seemingly endless rain".
This is a true picture of the recent global economy.
On one side is the "outrageous" inflation data in developed economies such as Europe and the United States.
The U.S. CPI rose 9.1% year-on-year in June, hitting a 40-year high.
The euro zone's June CPI also recorded a year-on-year increase of 8.6%.
Central banks have been forced to sharply tighten monetary policy to fight inflation.
On the other hand, multiple global crises such as food, energy, finance, and climate are superimposed, and people's livelihoods in some countries are threatened.
What happened to the global economy?
Are we heading into a recession?
In this regard, China News Agency's "East-West Question, China Dialogue" invited Bala Ramasamy, professor of economics and vice provost of China Europe International Business School, and Fernando Ramasa, chief financial officer of Premo, a well-known European electronic component manufacturer. Fernando Gomez, in a dialogue with Wei Xi, director of the Economic Department of China News Agency.
Responsible editor: [Luo Pan]