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China regains poise, US stumbles through shutdown

Kia ora,

Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.

I'm David Chaston and this is the international edition from Interest.co.nz.

And today we lead with news China's economic activity over their holiday period will be impressing investors, while the US worries about weakening labour markets.

But first, the ongoing US Federal Government shutdown means there is no USDA WASDE report for September that was due today. That will delay scrutiny of "farmageddon" especially for soybean farmers. Bailouts are on the way (in a way…

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