- Analytics
- News and Tools
- Market News
- China: Energy shortages, zero-COVID policy create considerable uncertainty – Goldman Sachs
China: Energy shortages, zero-COVID policy create considerable uncertainty – Goldman Sachs
In the view of the analysts at Goldman Sachs, China's energy shortages and zero-COVID policy pose a risk to the optimism over easing supply bottlenecks.
Key quotes
“China’s energy shortages, zero-COVID policy create considerable uncertainty.”
“China is home to 30% of the global manufacturing capacity.”
“Current low levels of natural immunity suggest that a rise in virus spread during the winter could lead to renewed lockdowns.“
“The danger of these is that they extend supply chain disruptions and delay the normalization of input cost pressures.”
“We see reasons for optimism regarding the resolution of supply chain bottlenecks and easing cost pressures, but risks remain.”
“Shipping rates have generally declined from September's peak, and a number of companies have recently indicated optimism that supply chains are inflecting for the better. including a number of Automakers.
“According to GXO Logistics, "we're through the worst of it" and "things will look a bit smoother as we move forward." However, the latest ISM Manufacturing report showed worsening survey responses regarding supplier delivery times.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
