Downturn. Profits at China’s industrial corporations fell in April by 8.5 percent compared with the same period last year, the sharpest decline in two years. The steep drop is largely the result of lockdowns related to the COVID-19 outbreak. Exceeding expectations. Russia’s Ministry of Agriculture said the country’s grain harvest in 2022 could significantly exceed […]
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Daily Memo: Chinese Industrial Profits Fall, Russia’s Promising Grain Harvest
2022 could be a record year for grain production in Russia.
