Your Daily Brief For December 8th

Your Daily Brief For December 8th

about 1 year ago1 min

Your Daily Brief is ready: a rundown of the top two News Stories each day.

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Your Brief Summary

In today’s Daily Brief, we'll be looking at China: the country seems to be easing its Covid restrictions after more weak economic data.

"Chinese trade had its worst slump in over two years last month, so economists will probably be relieved to hear the country's easing its restrictions. But things won't change overnight – there could be a bumpy few months ahead as China gets back on its feet."

Key takeaways:

  • With economic damage mounting, China's rolling back some of its Covid restrictions
  • Mining giant Vale is breaking out its base metals business in hopes of becoming a major EV battery metal supplier
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