China

China

21 Oct 2014
The nature of footwear sourcing is such that it raises red flags at the U.S. Customs and Border Protection, so importers should make commercial compliance an integral part of their business plan, an industry consultant said Monday.
Nicaragua canal
20 Oct 2014
The HK Nicaragua Canal Development Investment Co. estimates it can complete a Nicaragua canal in five years at a cost of $40 billion, but more realistically, it will cost at least twice that amount and take 10 or more years to build the 173-mile-long waterway.
Containerized ocean imports to the U.S. surged 19.3 percent year-over-year in September, while containerized ocean exports from the U.S. slumped 13.0 percent.
19 Oct 2014
U.S. imports of ocean containers reached a record high in September, as retailers expect a robust holiday season, but exports continued to decline from soft global demand, making 2014 so far the worst year for container exports in the past four years.
16 Oct 2014
Home furnishing giant IKEA has expanded its business with logistics property developer Goodman Group into China, signing a lease for 11,000 square meters of warehousing space in the inland Chinese city of Chengdu.
16 Oct 2014
Strong growth out of Hong Kong and China in September saw Cathay Pacific and Dragonair continuing to post double-digit growth as cargo and mail throughput rose 14.5 percent compared to the same month last year.
15 Oct 2014
Two major Chinese conglomerates have joined forces on a joint-venture port investment company with nearly $1 bi
15 Oct 2014
Reefer containers will form a huge part of the cargo carried on the New Silk Way rail network between China and Europe as shippers are forced to counter the extreme temperatures found on the route.
15 Oct 2014
SHENZHEN, China — Manufacturing isn’t migrating from China as rapidly as most experts expected, despite wages that are rising at nearly 20 percent a year, researchers focusing on sourcing trends told the TPM Asia Conference in Shenzhen on Wednesday.
15 Oct 2014
Growth expectations for the Asian middle class are staggering, but so is the scale of supply chain upgrades that will be needed to meet demand.
14 Oct 2014
U.S. and other foreign companies in China are often challenged by trade practices that are considered unscrupulous and/or illegal elsewhere, says Susan Kohn Ross, an international trade attorney with Mitchell Silberberg & Knupp in Los Angeles.
14 Oct 2014
Although most U.S. companies view China as one of their top-five markets globally, there has been a steady 30 percentage point shift over the past four years regarding how U.S. firms view their prospects in China’s market.