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Chinese exports score a big beat - jumping more than 25-percent on the year in a sign the world's second largest economy may be performing better than a recent run of data suggested. The CEO of Daimler tells CNBC it's seeing strength across its product line, despite supply chain challenges that the group hopes will ease later this year. Porsche is also feeling the chip squeeze - the CEO tells CNBC, it's causing production line delays. And Bitcoin continues to push higher, breaking 52 thousand - as El Salvador becomes the first country to formally adopt the crypto as legal tender.
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By CNBC International4
4242 ratings
Chinese exports score a big beat - jumping more than 25-percent on the year in a sign the world's second largest economy may be performing better than a recent run of data suggested. The CEO of Daimler tells CNBC it's seeing strength across its product line, despite supply chain challenges that the group hopes will ease later this year. Porsche is also feeling the chip squeeze - the CEO tells CNBC, it's causing production line delays. And Bitcoin continues to push higher, breaking 52 thousand - as El Salvador becomes the first country to formally adopt the crypto as legal tender.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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