According to the Nov. 12 Wall Street Journal, prices of goods shipped from China have fallen around 20% this year, according to Dutch bank ABN AMRO. Economists say this is a sign that Chinese sellers are discounting to preserve or expand market share during a period of weaker global demand.
“With a weakening economy, China naturally looks for exports,” said Brad Setser, a scholar at the Council on Foreign Relations, “but any meaningful expansion…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
