The daily business briefing: July 25, 2022

Ukraine pushes to restart grain shipments despite Russian missile strikes, China plans a real estate fund to help property developers, and more

A wheat field in the Donbas region of Ukraine
A wheat field in the Donbas region of Ukraine
(Image credit: Diego Herrera Carcedo/Anadolu Agency via Getty Images)

1. Ukraine pushes to resume grain exports despite Russian attacks

Ukraine on Sunday continued trying to restart grain exports from its Black Sea ports under a deal brokered by Turkey and the United Nations, but a government economic advisor warned that continued Russian missile strikes on the port city of Odesa could put the goal of restoring grain shipments to pre-war levels beyond reach. Ukraine's military said Russian warships fired four missiles at Odesa on Saturday. Air defense forces shot down two, but two hit near a pumping station at the port. Ukraine's president, Volodymyr Zelensky, said the attack, a day after the deal was signed, demonstrated Russia's "barbarism." Russia said Sunday it used high-precision missiles to strike a Ukrainian warship and a weapons storage area in Odesa.

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