Opening remarks, as prepared, of Transportation and Infrastructure Committee Ranking Member Sam Graves (R-MO) from today’s hearing entitled, “Investing in our Nation’s Transportation Infrastructure and Workers: Why it Matters”:
Bloomberg | September 26, 2022 | International Trade
China’s trade surplus is set to top a record $1 trillion this year, but that won’t be enough to prevent the yuan from sliding against the surging dollar as business confidence wanes, according Macquarie Group Ltd.
Bloomberg | September 26, 2022 | Maritime | Liner Shipping | International Trade
The cost of shipping goods from China has slumped to the lowest level in more than two years as the world economy stumbles, dimming prospects for container carriers that turned in record profits during the pandemic.