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COVID-19 - News digest as of 20.09.2021

September 20/2021

1. Exports grew in August in Japan although COVID-19 hits supply chains

MOSCOW (MRC) -- Japans exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production, said Reuters. The trade growth is unlikely to dispel worries about the outlook for Japans economy, which has not yet recovered to pre-pandemic levels after taking an enormous hit from a collapse in global trade in the first quarter of 2020. Exports rose 26.2% in August compared with the same month a year earlier, the Ministry of Finance said on Thursday, marking the sixth straight month of double-digit growth as strong demand for chip-making equipment offset slowing U.S and European Union-bound shipments of cars.

http://www.mrcplast.com/news-news_open-393289.html


mrcplast.com
Author:Margaret Volkova
Tags:Europe, crude and gaz condensate, petrochemistry, COVID-19, USA, Japan.
Category:General News
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