Bloomberg China’s reopening is disrupting energy markets as the abrupt shift from Covid Zero shutters industry and upends the usual flow of commodities. A dramatic surge in infections is having a short-term impact on the supply chain for solar companies, the China Silicon Industry Association said in a statement. Many manufacturers of the wafers used in solar panels have curtailed ...

Bloomberg Australia is eyeing India’s burgeoning middle class to help offset the economic damage wrought to some of its major exports by the twin headwinds of Covid-19 and heavy restrictions imposed by its biggest trade partner, China. With a middle-to-high income population of about 85 million people, according to Pew Research — roughly three times Australia’s total population — it’s ...

  Bloomberg India is likely to spend less on subsidising fertilisers as global prices fall and the government looks to narrow its budget deficit, according to people familiar with the matter. Officials are considering slashing the fertiliser subsidy bill to 1 trillion to 1.5 trillion rupees ($18 billion) for the 2023-24 fiscal year starting April, according to the people, who ...