South China Morning Post (June 7)
“China’s export growth accelerated in May amid heightening trade frictions, fuelled by surging demand from Southeast Asia and a lower base effect, while its trade surplus also widened from April.” The news may provide Beijing with “a promising path toward its annual growth target” as exports surged a full 7.6% year on year.
Tags: 7.6%, Accelerated, China, Exports, Growth target, Promising, Southeast Asia, Surging demand, Trade frictions, Trade surplus
Bloomberg (February 22)
“Unloved during the pandemic with their business paralyzed almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts and luring back investors.” Surging demand amid a tight labor market may be grating for travelers, but “for investors, it means some of the airlines they own are generating more than twice as much revenue per worker than they were two years ago.”
Tags: Airlines, Business, Crisis, Investors, Pandemic, Paralyzed, Profit forecasts, Revenue per worker, Surging demand, Survive, Tight labor, Unloved
