As Chinese officials scramble to contain the country’s worst outbreak of COVID-19 since early 2020, they are imposing lockdowns and restrictions that are adding chaos to global supply chains.
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It’s Not Deja Vu in China All Over Again
Citywide lockdowns, supply chain fears, and panicky stock markets were the hallmark of this time two years ago. It’s not quite the same today but could be just as world-changing.
China’s COVID-19 Cases Double, Sparking Fears About Economic Fallout
Bus service to Shanghai, China’s business capital and biggest city, was suspended. China’s case numbers are low compared with other major countries. But authorities are enforcing a “zero tolerance” …
A rising China and progressive policies endanger US pharmaceutical innovation
The American biopharmaceutical innovation success story is a fragile one, at risk of being shattered by dual threats of a rising China and American progressivism.
Asia Minute: How long will China’s technology and manufacturing gateway be closed for business?
While COVID cases continue to fall in Hawaiʻi and across the United States, the virus is still disrupting life across much of Asia. And this week there’s a new threat to a number of global…
China’s COVID Surge Could Cause Shortages and Increase International Inflation Numbers
A recent surge of COVID-19 cases in China tied to the Omicron variant could lead to continued global supply chain problems and even higher inflation, dimming hopes of a strong economic recovery …
Oil tumbles below $100 on China lockdowns, as OPEC leaves demand forecast ‘under assessment’
Oil prices on Tuesday drop to levels not seen since the initial days of the Russian invasion of Ukraine and enter bear market territory, marked by a 20% or more drop from their recent highs.
Export demand monitored
Trade continues to monitor our export sales totals and has questions on yearly expectations. According to the latest Census data yearly export loadings on soybeans currently total 1.15 billion bu.
China says it wants to avoid U.S. sanctions over Russia’s war
China wants to avoid being impacted by U.S. sanctions over Russia’s war, Foreign Minister Wang Yi said, in one of Beijing’s most explicit statements yet on American penalties that are …
World economy faces supply hit as China battles COVID again
The global economy — already struggling with war in Ukraine and the stagflation risks it’s fanning — is bracing for greater disruption as China scrambles to contain its worst outbreak …
China Lockdown Could Ease Logistics Pressures
Just as global trade is coping with the war in Ukraine, new Covid outbreaks in the major Chinese export hubs of Shanghai and Shenzhen have the supply chain bracing for the latest in a too-long…
Virus cases climb in China, raise threat of trade disruption
Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s …
Why China’s strong start to 2022 is unlikely to continue
China’s economy made a strong start to 2022, but financial markets are already pricing in tougher times ahead. This is because a large wave of new Covid cases in China in recent weeks has coincided…
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