China's economy stutters as global economic centre of gravity shifts south
China is on course for its slowest economic expansion in 40 years, say economists, as ...
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
ING wrote earlier this week that the global transport and logistics (T&L) “sector recovery is entering a new phase, and we’re expecting substantial growth in 2022 – despite the war in Ukraine and continued supply chain disruption”.
Moreover, the global T&L industry is expected “to exceed pre-pandemic level in 2022” after a record 2021.
That said, the Russia-Ukraine war can impact the sector in “three ways” while, more broadly, the world trade “slows above pre-pandemic levels” this year.
ING also highlighted cross-sector woes and global costs pressure for T&L players, but “pricing power helps”, of course.
The full note can be read here.
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