# China Brief 97 | China's recovery stalls, Canada-India tensions and trade, and a change to China Brief Canada West FoundationCanada West Foundation

> The Canada West Foundation's China Brief reports that China's economic recovery has stalled after COVID measures ended, with consumer prices falling, a property bubble bursting and exports in a slump. The issue also covers Canada-India trade tensions and a shift in the brief's coverage toward the Indo-Pacific.

- Date: 2023-09-29 · published 2023-09-29T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/34055-china-brief-97-china-s-recovery-stalls-canada-india-tensions-and-trade-and-a
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker Chinese demand growth and falling imports point to softer feed demand from China, a bearish factor for global feed grain and meal prices.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-09-03 | [Trade war could force heavier hand from China on yuan](https://feedsoft.ai/events/63264-trade-war-could-force-heavier-hand-from-china-on-yuan.md) | +0.9% | +1.1% |
| CORN | 2020-11-04 | [Ethanol industry still recovering from COVID hit - Farm and Dairy](https://feedsoft.ai/events/50138-ethanol-industry-still-recovering-from-covid-hit-farm-and-dairy.md) | +1.8% | +8.9% |
| CORN | 2024-11-28 | [Chinese yuan to hit record lows as U.S. tariff threat mounts, investment banks forecast](https://feedsoft.ai/events/27630-chinese-yuan-to-hit-record-lows-as-u-s-tariff-threat-mounts-investment-banks.md) | +1.1% | +6.9% |
| CORN | 2022-07-26 | [Inflation-Hit Consumers Are Trading Down to Chicken From Beef - Bloomberg](https://feedsoft.ai/events/40642-inflation-hit-consumers-are-trading-down-to-chicken-from-beef-bloomberg.md) | +6.6% | +4.6% |
| CORN | 2018-06-25 | [COT Dollar strength and trade fears trigger big changes across forex and commodities \| Saxo](https://feedsoft.ai/events/11644-cot-dollar-strength-and-trade-fears-trigger-big-changes-across-forex-and.md) | -1.1% | -3.7% |
| SBM | 2026-10-29 | [The sharp fall in the real exchange rate has caused soybean meal prices to collapse in Brazil and China, which is increasing pressure on prices in Ukraine.](https://feedsoft.ai/events/1392-the-sharp-fall-in-the-real-exchange-rate-has-caused-soybean-meal-prices-to.md) | -3.3% | — |
| SBM | 2022-05-03 | [China \| RMB exchange rate sharp depreciation amid diverging monetary policy \| BBVA Research](https://feedsoft.ai/events/8313-china-rmb-exchange-rate-sharp-depreciation-amid-diverging-monetary-policy-bbva.md) | -6.7% | -1.8% |
| SBM | 2023-07-17 | [Instant View: China's Q2 GDP growth slows to 0.8% q/q, raises stimulus expectations](https://feedsoft.ai/events/35264-instant-view-china-s-q2-gdp-growth-slows-to-0-8-q-q-raises-stimulus-expectations.md) | +3.6% | +2.7% |

## Sources

- cwf.ca: https://cwf.ca/research/publications/china-brief-97-chinas-recovery-stalls-canada-india-tensions-and-trade-and-a-change-to-china-brief/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.