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 …
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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…
Ukraine invasion: EU asks for China’s help to enforce sanctions as new measures hit Russian elites
Brussels unveils new measures including an import ban on Russian steel and a ban on luxury goods exports to ‘directly hit’ Russia’s elites European Union spokesman Peter Stano says the bloc is …
Will China Rescue Russia’s Economy?
Moscow needs help to keep its economy functional, but there are a few places to turn to. One of these places is the world’s second-largest economy, China.
Analysts: China’s EV sector so far immune to surging nickel prices
Surging nickel prices are unlikely to be a speed bump for China’s electric vehicle (EV) sector at this moment, as analysts point out that a large proportion of the key battery metal is being used…
Yang Guofu Tempts Investors with Spicy Hotpot IPO in Hong Kong
Leading Sichuan-style hotpot chain Yang Guofu has filed for a Hong Kong IPO, extending a recent series of restaurant …
Against Russia and China, freedom should be the new business bottom line
You can’t get a Happy Meal any longer in Russia after McDonald’s closed shop. The latest apps are barred from the Apple store and a swath of international and European businesses are grinding their …
