Plateau in world trade and supply bottlenecks to persist

The latest data show that world trade has flattened off at a high level. While timely indicators suggest that trade is unlikely to reaccelerate, it doesn’t look set to weaken much either. Consequently, bottlenecks at ports, and associated delivery delays and sky-high shipping costs, should endure into 2022.
Simon MacAdam Senior Global Economist
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Drop-In: Evergrande – What are the risks to China and the world? Chief Asia Economist Mark Williams and Senior China Economist Julian Evans-Pritchard will be joined by Senior Markets Economist Oliver Jones to take your questions about the Evergrande situation. They’ll be covering the implications of collapse for China’s financial system and growth outlook, and assessing the global markets fallout. Register here for the 0900 BST/1600 HKT session on Thursday, 23rd September.

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