As many as a million Russians fled for abroad in the first year of the war in Ukraine. Now, thousands are returning home, boosting Russia’s economy.
The Hong Kong economy has seen five consecutive quarters of growth, primarily driven by a revival of inbound tourism alongside the continued recovery of the stock market.
There are many aspects of the Chinese economy that are interesting. The most striking thing about the economy from a Western perspective is that while the Chinese economy is a market-based economy insofar as prices are set by the market, investment in China remains tightly controlled by the government.