Chinese traders in world’s largest wholesale market adjust to fewer US buyers

El Financiero

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Prior to the COVID-19 pandemic, the Chinese economy showed strong growth, but maintaining a downward trend since 2010; this reflects a structural transition in its economy. Punctually, GDP rose from a rate of 12.2% per year in 1Q-10, to 5.9% in 4Q-19, showing less dynamism in investment and exports, as well as growing trade tensions with the US. Likewise, the pandemic generated severe disruptions in the Asian economy, with sharp declines in indu…

DR

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The tariff war between China and the United States is creating great uncertainty on the world's cargo ships.