Tag: trade
Chinese virus cases climb, raise threat of trade disruption
BEIJING — Chinese authorities on Tuesday tightened anti-virus controls at ports, raising the risk of trade disruptions after some auto and electronics factories shut down as the government fights coronavirus outbreaks. Stock prices in China and Hong Kong sank for a second day following the shutdown on Monday of Shenzhen, a tech and finance hub
Chinese city Dalian halts frozen food trade after COVID-19 cases By Reuters
© Reuters BEIJING (Reuters) – Chinese port city Dalian has ordered all businesses handling imported chilled and frozen foods to suspend operations after an outbreak of COVID-19 that began last week. The city on China’s northeast coast has reported more than 80 COVID-19 cases over the past week, with the first in a warehouse worker
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Supply Chains Latest: Trade Tension Rises on Frozen Food, Berries
China is saber rattling in the food world once again over a perceived link between Covid-19 and its imports of frozen goods. This time, it’s Beijing making the noise. The city government told companies to avoid importing frozen food from high-risk nations — without outright naming any. In recent weeks, the Asian country has banned
Chinese trade sees surprise bounce as virus recovery picks up
Chinese trade enjoyed surprise growth in June as the world slowly emerges from economy-strangling lockdowns, though officials warned of headwinds for recovery owing to the spread of the pandemic. The figures come days before the release of data expected to show the world’s number two economy returned to growth in the second quarter following a
Some U.S. food suppliers forego China contracts over coronavirus curbs, trade group says
By Tom Polansek CHICAGO (Reuters) – Chinese demands that overseas suppliers guarantee their food shipments are free of the novel coronavirus are causing some shippers to forego the China trade, an industry group representing U.S. produce growers said on Friday. Western Growers, which represents companies that produce half of U.S. fresh fruits, vegetables and tree
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