America and China account for 40% of global GDP at market exchange rates and they tend to influence other economies in different ways .The emergence of a covid-19 variant, labelled Omicron, has sparked a wave of selling on financial markets, seemingly on concern that a new highly transmissible strain of the virus could set back economic recoveries worldwide which makes countries to be squeezed between two formidable economic forces: tighter American monetary policy and slower growth in China. How do you think we can achieve global economic recovery in the year 2022?

