Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

2019 was a year to forget for the German economy

At 0.6%, the German economy recorded its weakest GDP growth rate since the Eurozone sovereign debt crisis.

U.S.-China trade deal: No biggie, but de-escalation confirmed

The U.S. and China officially signed a “Phase 1” trade deal on 15 January: The U.S. will halve its 15% tariff on about USD120 billion of Chinese goods and suspend planned duties that were set to take effect last December.

Taiwan election: Decoupling from China remains top of mind

Tsai Ing-wen was reelected as president of Taiwan on Saturday 11 January in a landslide victory against runner-up Han Kuo-yu. Tsai’s party, the Democratic Progressive Party (DPP), also managed to keep its majority in the Legislative Yuan (albeit with a smaller margin).