US hit by fall in meat exports as China scales back and Brazil steps up
US meat exports are in low gear, affected by bans in the largest market, slowing ...
“Chinese exports fell for the first time in three months in May, adding to risks in the world’s second-largest economy as global demand weakens.”
That was the warning from Bloomberg today as virtually all media outlets were busy highlighting China’s exports, which plunged “7.5% in May, far more than expected”, according to CNBC and similar friends.
Indeed the official data paints a rather bleak picture as far as the severity of the slowdown is concerned in the land of (once) cheap labour, spreading ...
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