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Chinese shippers face abyss as freight rates plummet 60 per cent from unprecedented highs at height of coronavirus pandemic

China’s shipping industry has reported a 60 per cent drop in freight rates, as congestion linked to Covid-19 eases globally and the country’s foreign trade slows down.

Implication From China s Four Scissors

Commentary China released a series of May economic data; all are better than expected and some show improvement .

Nové přístupy v nowcastingu zahraničního HDP - Česká národní banka

Nové přístupy v nowcastingu zahraničního HDP - Česká národní banka
cnb.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnb.cz Daily Mail and Mail on Sunday newspapers.

čnBlog – Nové přístupy v nowcastingu zahraničního HDP

čnBlog – Nové přístupy v nowcastingu zahraničního HDP
cnb.cz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnb.cz Daily Mail and Mail on Sunday newspapers.

External electronics demand to spur economy

On Bank Negara’s decision to maintain the 1.75% overnight policy rate during its Monetary Policy Committee meeting, citing the rollout of vaccines globally as well as ongoing fiscal support, Moody’s said the decision was an expected outcome from the meeting. PETALING JAYA: The Malaysian economy is expected to be buoyed by external demand, particularly exports of electronic products to China and Singapore, amidst the global shortage of semiconductors, said Moody’s Investors Service. In a note yesterday, Moody’s said the oil and gas industry is also expected to rebound after last year’s record low prices, providing a boost to the country as a net exporter of oil.

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