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German Perspective – 08.02.22

08/02/2022

This week: A rather uneventful week owing to the holiday in Asia for Lunar New Year. The start of the Olympic Games in Beijing also played a role as the Chinese government is doing everything it can, despite adverse circumstances with the pandemic, to ensure that the event is a showcase for the country. Under these conditions, it was not surprising that communication with China was limited last week. Without actively asking for answers or demanding information, customers in Asia were obviously very happy not to have to worry about business and not to have to buy raw material last week unless it was the bargain of the year.

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