According to the Nov. 12 Wall Street Journal, prices of goods shipped from China have fallen around 20% this year, according to Dutch bank ABN AMRO. Economists say this is a sign that Chinese sellers are discounting to preserve or expand market share during a period of weaker global demand.
“With a weakening economy, China naturally looks for exports,” said Brad Setser, a scholar at the Council on Foreign Relations, “but any meaningful expansion…
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Today, we’re looking at Austria-based Pessl Instruments, an agtech provider operating under the METOS brand. Irrigation equipment manufacturer Lindsay Corporation recently acquired a minority interest in Pessl Instruments following a strategic partnership the 2 companies announced in May 2023.
