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January 18, 2021

Global Economic And Trade News Of Note

 

  • According to FastmarketsAMM (subscription required), China’s steel imports rose 64.4 percent in 2020 whiles its exports declined 16.5 percent. Additionally, China’s iron ore imports increased by 9.5 percent in 2020. Click here to read that report.
  • Reuters reported last week that vehicle sales in China rose 6.4 percent from December 2019 to December 2020. While the reading was the ninth straight increased on an annual basis, December’s year-over-year expansion was down from a 12.6 percent increase posted in November.