News from World

tag: covid-19

23 February 2023

Zhang Yuan, owner of a leather goods shop was delighted to have Mongolian merchants return.

Border cities like Erenhot have seen a boom in business since cross-border travel resumed between China and its neighbors, as a result of optimized COVID-19 controls. Statistics showed that the Erenhot highway port has recorded a daily average of about 600 passenger trips since Jan 8. The port also handled 1.42 million metric tons of cargo last month, up 98.2% year-on-year. [Business booms on China-Mongolia border - Chinadaily.com.cn]

04 January 2023

COVID surge hits China’s economy

China’s skyrocketing cases of COVID-19 since it abandoned pandemic restrictions are hampering its economic recovery.

09 December 2022

CNC: economic overview of the leather sector

How has the leather industry dealt with French Covid-19? What are the challenges that have emerged? How is the sector adapting to high inflation and changing consumption? So many issues on which the "DOSSIER ÉCONIMIQUE DE FILIÈRE FRANÇAISE DU CUIR POUR L'ANNÉE 2022" of the Observatoire Economique du Conseil National du Cuir (CNC), invites us to think.

08 December 2022

"Covid, China abandons restrictive measures"

It is the title of @lemondefr [La Chine abandonne, de facto, sa politique zéro Covid – Le Monde]. On the @nytimes it is highlighted how this can be considered "a success of the protesters". [China Eases 'Zero Covid' Restrictions in Victory for Protesters – NYT]. The newspaper @ChinaDaily explains how procedures change. [COVID quarantine made voluntary – China Daily]

12 November 2022

China finally eased its zero-COVID policy and Commodities jumped raising hopes of a demand recovery

Beijing reduced quarantine times for travelers and close contacts of infected people, lowered the threshold for isolation, and scrapped a penalty on airlines that bring new cases into China. Bloomberg’s comment: “Commodities From Oil to Zinc Soar After China Eases Covid Rules”

11 November 2022

Signs of slowdown in footwear exports from Cambodia

The Phnom Penh Post comments on the customs data of exports of shoes and components for footwear: the export of the sector in the first 9 months of this year amounts to 1.325 billion dollars, up 32.69% compared to 998.238 million last year. However, it signals a slowdown in new orders in the third quarter and also other difficulties in production that will affect exports in the coming months. Among the reasons, post-Covid-19 global inflation and the rise in oil prices. [Footwear exports may slip in Q4 - Phnom Penh Post]

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