The escalating situation in Ukraine will likely push global corn and wheat prices higher and affect China’s agricultural imports from the country, which supplies around 30 percent of China’s corn imports, though the impact will be limited, industry analysts said on Thursday.
The forthcoming Spring Festival travel rush, the third annual human migration across the world s second-largest economy amid the COVID-19 pandemic, will likely be the least busy in seven years with estimated 280 million railway passenger trips. It mirrors a more adept approach to sustaining economic resilience amid the traditional holidays, observers said.
New COVID-19 cases reported in East China’s Zhejiang Province, the location of Yiwu, the world s largest wholesale market for daily commodities, and the Ningbo-Zhoushan Port, one of the busiest cargo ports in the world, have raised concerns on exports and international transport, especially exports for Christmas.
China vowed again to open up its economy further and made a call for global cooperation, as the country opened its landmark trade fair on Thursday in Guangzhou, the first time both in-person and online since the coronavirus hit, a move which experts said not only marked a genuine recovery of the Chinese economy, but .
China vowed again to open up its economy further and made a call for global cooperation, as the country opened its landmark trade fair on Thursday in Guangzhou, the first time both in-person and online since the coronavirus hit, a move which experts said not only marked a genuine recovery of the Chinese economy, but also demonstrated China s responsibility to secure global supply chains amid the pandemic crisis.