“But nothing is normal in China anymore.”
When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
Trade moves in wobbly circles.
Something is going on in the shipping business – and beyond – to create this gloom.
“Nobody predicted the crash” of iron ore. Ha!
“Rates in many Asia export trades are in a tailspin.” And here’s why.
But miracles are rare these days.
Avoid these companies.
After a bruising setback, the US government has a new opportunity to oppose China’s global financial and monetary ambitions.
Citing “China’s improving economic conditions!”