Chinese President Visits Egypt for First Time in 10 Years: What Are the Economic Goals of This Rapprochement?

In the Economic Week program, we discuss the economic dimensions of Chinese President Xi Jinping's visit to Egypt for the first time in ten years. What is the importance of the Suez Canal to Chinese foreign trade? And to what extent can Egypt rely on the Chinese market to export its products? We also address the resumption of US strikes on Iran. What are the resulting economic risks? How does the escalation reflect on the US dollar, financial indicators, and oil markets? We also highlight the bill for natural disasters, which approaches $450 billion annually, while insurance covers only half of these losses. What are the causes of this gap? And to what extent do insurance companies incur losses amid the consequences of climate change?