News Snapshot:
RIYADH: China’s economy is hindered by COVID-19 restrictions across several sectors. The country’s electricity generation has dropped in April when compared to the same period a year ago. The UK’s Standard Chartered Plc and Bloomberg Economic have both downgraded the Asian country’s growth outlook for 2022. Meanwhile, London copper prices inched higher on Thursday on the hopes that COVID-19 restrictions in the Asian country will slowly cool. On another note, China has lifted a restriction on Canadian canal seed for reasons that are yet to be revealed. ·China’s electricity generation slipped 4.3 percent during the month of April when compared...
