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    China: Politburo drops GDP target and decrees stability in H2 2022
    Asia

    10.08.2022

    China: Politburo drops GDP target and decrees stability in H2 2022

    GDP growth bottomed in Q2 and should recover around 5.0% y/y in H2 2022. The July Politburo meeting confirmed this, stressing “stability” and dropping the 5.5% GDP growth target. We maintain our forecast for 2022 unchanged at 3.7%.

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    Switzerland: a haven of resilience amid the turbulence of change
    Wealth management

    05.08.2022

    Switzerland: a haven of resilience amid the turbulence of change

    Will the first half of 2022 be remembered as the turning point? It certainly looks that way, judging by the shift in the prevailing mood since last winter.

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    Banking on the transition – no net zero without lenders’ support
    Expertise

    04.08.2022

    Banking on the transition – no net zero without lenders’ support

    Whether high-income banks in developed countries or microlenders in emerging markets, the banking sector and its alliances will be indispensable in decarbonising the economy and ensuring a fair transition to net zero emissions.

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