Global Trade and Business

Airlines face hurdles to cashing in on China re-opening

U.S. and European airlines will benefit from pent-up demand for travel to China after its recent border reopening, but route approvals, fresh COVID-19 testing rules and not enough large aircraft remain barriers to rising sales, analysts and industry officials say. Travel is returning to China, the world’s largest outbound tourism market worth $255 billion in 2019, after the […]
Read more

Equities fall on risk aversion with 2023, China reopening in focus

Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China’s relaxed COVID-19 restrictions against concerns about rising infections there. Reuters said yesterday. The yield on benchmark U.S. 10-year Treasuries rose for a third straight day, reversing an earlier decline […]
Read more

German industry calls for more support to diversify beyond China

One of Germany’s main industry lobby groups called on Monday for more support for industry to diversify trade beyond China, as the government prepares new policies aimed at reducing the German economy’s dependence on Beijing. Reuters reported  Planned measures such as stress tests and greater scrutiny on investments in China, outlined in a draft document seen by […]
Read more

No products in the cart.