ABU DHABI/WAM Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, led a high-level …
Read More »China’s rebounding producer prices a window to cut capacity
Bloomberg The tailwind from surging factory prices is strengthening corporate profits and supporting growth, opening a window for China to deepen cuts in excess industrial capacity without inflicting too much damage on the broader economy. The catch: that window may not stay open for long. That’s because factory prices — forecast to have increased 7.7 percent in February from …
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