China

China

29 Jan 2015
China Cosco Holdings ended 2014 in profitable territory, growing its net earnings by 50 percent to $56 million on the back of cost cuts, improved revenue and lower bunker fuel prices.
16 Jan 2015
U.S. footwear import data have revealed the extent of the shift in sourcing that last year saw manufacturers steadily expanding production in Vietnam at the direct expense of China’s market share.
15 Jan 2015
Cathay Pacific and its sister airline Dragonair carried 1.72 million tons of cargo during 2014, a 12 percent increase over the previous year as the strong second half performance continued into December.
13 Jan 2015
China’s exports in 2014 recorded the second slowest growth since the country joined the World Trade Organisation in 2001, rising just 6.1percent as overall trade growth for the year slumped to 3.4 percent.
13 Jan 2015
Challenges remain for second-tier suppliers of major manufacturers in China’s inland production centres more than 14 years after the Go West policy was introduced to shift factories away from the wealthier coastal areas and boost the economies of its poorer central provinces.
12 Jan 2015
The Chinese government said it will ban imports of U.S. poultry and egg products because of recent detections of highly pathogenic avian influenza in backyard poultry and wild birds in the Pacific Northwest.
12 Jan 2015
Global Logistic Properties has signed new lease agreements in China for 1.1 million square feet in the past two weeks as the Singapore-listed developer continues to expand its distribution and e-commerce network in the country.
09 Jan 2015
Spot freight rates on the major east-west trades were predictably weak in the first full week of the year with demand dropping off before the Chinese New Year peak period begins later this month.
08 Jan 2015
Record December throughput took Shanghai Pudong International Airport Cargo Terminal Ltd. (Pactl) past its annual 2014 target of 1.45 million tons as healthy demand kept air freight flowing through China’s busiest airport.
08 Jan 2015
China Cosco Holdings continued its aggressive scrapping programme, disposing 17 vessels in the last quarter of 2014 for $50 million.
08 Jan 2015
Asia forwarders are preparing for a busy first quarter with a six-week sweet spot between the western year end and a late Chinese New Year expected to drive up cargo volumes being shipped out before the mainland's most important holiday.