November 18, 2021

China is releasing oil from its reserves in order to keep the cost of petroleum near the current level, which is a six-week low.

 

"American consumers are showing little sign of returning yet to their normal balance of spending on services over goods, with a heavy reliance on imported products, according to two indicators based on shipping data."


"Americans Buy Goods Over Services as Virus Lingers," Brendan Murray, Bloomberg News

 

The Alibaba.com October B2B Pulse reveals that ahead of the holiday shopping season, US B2B businesses are stocking up on toys and hobbies and spending more in the following related categories:

Toys and Hobbies (+ 92%)

Light-up toys (+302%)

Outdoor toys and structures (+113%)

Toy animals (+205%)