The Danish economy showed signs of recovery in 2014，with improved employment situation and decreased unemployment rate，a surplus in the fiscal balance and lessened public debt. Facing the changing international financial environment，the Danish Central Bank adjusted its exchange rate accordingly in order to achieve a stable exchange rate between Danish Crown and Euro，but this leads to a risk of possible deflation. In the political domain，the split within the central-left coalition increased the possibility to establish a grand coalition between the left and the right after the next election. On the external side，Denmark continues its active involvement in the EU and NATO and on the Arctic issues. At the same time，Denmark was laying an emphasis on developing its relations with the emerging countries. The Danish Queen Margrethe II paid her second visit to China which is unusual in the Royal tradition and it brings the bilateral relationship to a new phase. <<