09:09 AM
Shenzhen: economic heavyweight
Charlie Robertson, chief economist at Renaissance Capital, has another way of looking at the Shenzhen shutdown that really drives home how important the city is:
It’s worth nothing that such a list should probably also include other cities, which would make Shenzhen somewhat lower than 30th… but let’s not get too hung up – the important takeaway is that it’s big and important.
09:01 AM
Zero marques: EU mulls export ban on luxury cars
The European Union is discussing a plan to ban exports of luxury vehicles worth more than €50,000 to Russia as part of new sanctions.
Bloomberg report:
The proposed ban, which is set to be approved as early as Monday and could still change, would apply to models from several European car brands, including Audi, BMW, Mercedes, Ferrari and…
