While we have a global economic recovery underway following the deep recession last year, there is great uncertainty ahead. We are closely watching the impact of the new COVID-19 variant, Omicron. World Bank estimates published in June indicated that global growth in 2021 was likely to recover at around 5.6 percent, but we are now adjusting downward our projections.
While we have a global economic recovery underway following the deep recession last year, there is great uncertainty ahead. We are closely watching the impact of the new COVID-19 variant, Omicron. World Bank estimates published in June indicated that global growth in 2021 was likely to recover at around 5.6 percent, but we are now adjusting downward our projections.
While we have a global economic recovery underway following the deep recession last year, there is great uncertainty ahead. We are closely watching the impact of the new COVID-19 variant, Omicron. World Bank estimates published in June indicated that global growth in 2021 was likely to recover at around 5.6 percent, but we are now adjusting downward our projections.
Erenhot, the largest land port on the China-Mongolia border, had logged a record high of 2,531 China-Europe freight trains this year as of Sunday, up 15.5 percent year-on-year, according to the local railway authorities.
Four leading coal producers have openly pledged to strictly observe a price ceiling for thermal coal and ensure coal supplies, as China goes full throttle to ensure supplies before winter heating starts in mid-November and at the same time launches a campaign to put the brakes on runaway coal prices. State-owned CHN Energy, which accounts .