China

China

Footwear
23 Oct 2014
Footwear importers last year paid $2.5 billion in duties, which are meant at least in part to protect domestic producers from low-cost imports, but in reality footwear accounts for a tiny percentage of U.S. jobs.
08 Nov 2013
Even as Cosco becomes confident it will achieve a full-year profit and avoid delisting, it was denying reports that former chairman Wei Jiafu was placed under travel restrictions, after one of its top executives resigned under a cloud of investigation.
U.S. containerized imports through August 2013. Source: PIERS
07 Nov 2013
U.S. containerized imports climbed 5.2 percent year-over-year in August, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.62 million 20-foot-equivalent units in August. This was the largest year-over-year jump since February 2013.
07 Nov 2013
The mixed messages evident from China’s latest PMI readings were confirmed by the value of export contracts signed at the Canton Fair, China’s huge import and export jamboree.
06 Nov 2013
Kerry Logistics has signed a deal to provide a range of services to support the expansion into China of UK-based fashion retailer ASOS.
Biotechnology traits for agricultural products
06 Nov 2013
The American Farm Bureau Federation, American Soybean Association, National Corn Growers Association and U.S. Canola Association have voiced concerns about...
06 Nov 2013
The chairman of Cosco Group expressed confidence on Nov. 6 that the company would achieve its financial goals for 2013, signaling the company is aiming to achieve a full-year profit and avoid delisting from the Shanghai Stock Exchange.
05 Nov 2013
Terminal operating giant PSA has further increased its investment in Chinese ports with its first major deal in the Yangtze River Delta.
05 Nov 2013
China’s official PMI indicated economic expansion last month, but two key manufacturing sub-indexes fell, and analysts now believe GDP growth could slow in the fourth quarter.
Shanghai Containerized Freight Index, North Europe, week ending Nov. 1, 2013. Source: Shanghai Shipping Exchange
01 Nov 2013
Spot container rates from Asia to European ports measured by the Shanghai Containerized Freight Index soared in the week ending Nov. 1. Both Mediterranean and northern European lanes saw rate increase of between $700 and $800 per 20-foot-equivalent unit, in response to a Nov. 1 general rate increase.
Shanghai Containerized Freight Index, U.S. West Coast, week ending Nov. 1, 2013. Source: Shanghai Shipping Exchange
01 Nov 2013
Spot container rates from Asia to the U.S. East and West coasts measured by the Shanghai Containerized Freight Index continued to slip for a seventh week in the week ending Nov. 1.