China’s Reopening Set to Boost Global Trade
Ahead of China’s expected reopening, global trade is showing signs of improvement with reduced supply chain disruptions and increased trade volumes. Despite remaining negative business sentiment in the US and Europe, ports are experiencing fewer delays and higher throughput. The stage is set for a rebound when China fully reopens, with the International Monetary Fund expressing hope that the global economy has bottomed out and is set for a recovery.
Source of Information – Bloomberg
