Philippines trade department backs stockpiling goods amid Russia-Ukraine war
The department encouraged the stockpiling of agricultural products but said the country had sufficient inventory of manufactured items.
The department encouraged the stockpiling of agricultural products but said the country had sufficient inventory of manufactured items.
He pointed out that the Philippines had weathered “very well” other previous conflicts such as the first Russia-Ukraine conflict in 2014.
The Chinese central government will continue to implement its employment-first policy to stabilize the job market in 2022.
Geopolitical tensions sparked concerns that tighter oil and food supply could further inflame already elevated global inflation.
The number of high-risk banks is expected to decline to less than 200 at the end of the 14th Five-Year Plan period (2021-2025).
According to a senior economist, 2022 will likely see a new supply shock that would jack up domestic prices.
The sanctions target nearly 80% of all banking assets in Russia.
The writer says a new chapter in geopolitics and economics will unfold.
The value-added output of the manufacturing sector in 2021 increased 9.8 percent year-on-year to 31.4 trillion yuan
Experts expect the 2022 GDP growth target at be set at around 5.5% when leaders convene for the annual "two sessions" in March.