April 6, 2021

China Economic Update – April 2021

Don’t forget about me: lower skilled workers could be left behind by manufacturing’s evolution

China’s industrial sector continues to evolve, as the country’s producers move higher in global value chains, reflecting a range of factors including capital deepening and rising labour costs. While this can broadly be seen as a positive development, with aggregate measures of wealth and living standards having risen, this evolution also creates some risk for lower skilled workers, who could find substantially reduced demand for their labour. How China addresses the needs of this cohort could have an impact on its economy and social cohesion in coming years.

For further details, please see the NAB China Economic Update April 2021

NAB Rural Commodities Wrap: June 2024

NAB Rural Commodities Wrap: June 2024

24 June 2024

The NAB Rural Commodities Index continued its upwards momentum and increased 1.4% month-on-month in May. The index is around levels seen in February 2023.

NAB Rural Commodities Wrap: June 2024

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