Food and beverage cargo coming into ports and warehouses is being stolen at an alarming rate with criminal activity spreading to inland cities.
China has yet to see a strong rebound in consumer spending, according to major companies.
Goldman Sachs strategists see an economic shift from “reopening to recovery” driving Chinese stocks 24% higher by the end of this year.
Hong Kong-listed shares of China’s biggest cemeteries operator and funeral service rose to their highest level in more than a year amid a brutal Covid wave.
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