World Risk Developments July 2021

In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:

• China—Slowing domestic economy prompts fresh stimulus
• Australia—Multilateralism supports exports, despite Chinese distortions
• Australia—Demand for iron ore and base metals lifts resources exports
• Emerging Asia—Exports and financial buffers support resilience to US rate hikes
• Pacific—Lagging in the worsening global two-track recovery
• South Africa—Social unrest undermines business confidence

Cassandra Winzenried, Chief Economist
Cassandra.Winzenried@exportfinance.gov.au

Matthew Circosta, Senior Economist
Matthew.Circosta@exportfinance.gov.au 

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