Disruption from COVID lockdowns in China may worsen once those restrictions are lifted and a fresh wave of containers heads for US ports, S&P Global economist Patrick Newport warned Tuesday.
China Economy News
China Economy News
19 Mar 2020
The 10-year US economic expansion is over, killed by the response to the coronavirus disease 2019 (COVID-2019), and the recovery will be slow, IHS Markit chief economist Nariman Behravesh warns.
04 Oct 2018
China’s government has invested billions in the China-Europe rail network, and volume, propelled by subsidies, has surged. However, those subsidies have created other downsides for shippers and the broader market.
23 Aug 2018
Launched by Chinese President Xi Jinping in 2013, the Belt and Road Initiative is now a major cornerstone of China’s foreign policy.
02 Aug 2018
Terminal underinvestment points to trade growing at a stronger rate than terminal expansion in the immediate years ahead. Further, there’s another container shipping trend that’s placing an additional demand on terminals/ports.
14 Jun 2018
With manufacturing sectors in both nations in a strong uptrend, and China’s middle class expanding while US consumer spending is recovering after a long hiatus, only a full-bore trade war could deflect accelerating container trade between the two economic giants.
18 Oct 2017
There was no slowing down Chinese containerized exports in September, but the double-digit growth continued to be accompanied by steadily declining freight rates.
17 Jul 2017
On a year-to-date basis, throughput at the top 10 Chinese ports reached 70.4 million TEU.
01 Jun 2017
Scrap paper of all types is the largest US containerized export.
12 May 2017
The seven zones have a total combined size double that of China’s four existing FTZs.
23 Mar 2017
China’s container ports got off to a strong start in 2017.
16 Feb 2017
China reports solid January export growth to its biggest trading partners.
12 Oct 2016
The world’s factory will focus more on domestic consumption, and its citizens will increasingly sate their taste for foreign goods domestically.
08 Mar 2016
China’s exports tumbled 25.4 percent year-over-year in February and imports fell 13.8 percent as the country's trade slowdown accelerated, catching some analysts by surprise.
15 Feb 2016
Depressingly weak trade data greeted China as the country slowly gets back to business after the lunar New Year holidays.
20 Jan 2016
China is about to begin its latest Five Year Plan, and while it is easy to dismiss the planned approach as a Soviet-style relic of the past, the next few years will be critical to a country undergoing a chaotic transition from an export and industry focus to a consumption and services model.
19 Jan 2016
News that China’s GDP had slowed to 6.8 percent in the fourth quarter of 2015, with a full-year economic growth of 6.9 percent, set off the usual frenzy of analysis across financial media platforms, with little useful information to be gleaned from all the chatter.
13 Jan 2016
China’s transport infrastructure and trade-focused regional development plans, together with an increasing number of trade liberalization agreements, will support Asia Pacific in remaining the fastest growing and most dynamic region in the world economy in 2016.
04 Jan 2016
Shares on the Shanghai and Shenzhen exchanges were suspended on the first trading day of the year after stock prices plunged following indications that December manufacturing activity in China contracted for the 10th consecutive month.
01 Dec 2015
China’s factories in November delivered mixed results, with purchasing manager’s indices showing manufacturing activity for large state-owned firms hitting a three-year low, while small and medium factories recorded a slight improvement.
09 Nov 2015
Mallory Alexander International Logistics is expanding in China, both through new authority from the Chinese government and a partnership with trucking firm Old Dominion Freight Line.
26 Oct 2015
China’s economic slowdown threatens container terminal operators and container-backed securities, according to two new financial advisory reports.
14 Oct 2015
China will remain the driving force in global container trades for years to come with scant possibility of an alternative region emerging to challenge its dominant position.
14 Sep 2015
China’s economic indicators continue to portray a country struggling against weak domestic and external demand with growth in factory output falling short of market expectations and offering little encouragement to declining exports.
09 Sep 2015
China International Marine Containers reported strong sales in the first half of both dry containers and reefers, but issued a caution that the demand for new boxes would be weak over the rest of the year.
28 Aug 2015
When China devalued its currency in mid-August after a 10-year run-up against the dollar, the People’s Bank of China described the move as a natural step toward the creation of a market dominated Chinese exchange rate. No one in the market — not importers, exporters, manufacturers, investors or analysts — bought the message. Global stocks and commodity markets sold off at an astonishing rate, triggered by fears that China could launch a prolonged currency war that would boost its own exports at the expense of those it buys from, including the U.S.
20 Aug 2015
After decades of moving operations overseas, executives at U.S. manufacturing and distribution firms say they’re coming home, or at least closer to home via Mexico.
03 Aug 2015
The slowdown in China’s economy poses some risks for container shipping, according to Drewry Maritime Research.
17 Jul 2015
China’s annual economic growth will continue to slow over the next 15 years as its population ages and growth shifts from being driven by exports to a full-fledged consumer market.
16 Jul 2015
China’s government has never been slow to pile into its markets and even as improving June exports halted a three-month decline, Beijing this week issued a package of support measures for the industry.
24 Jun 2015
The general slowdown in China’s container exports was supported by the latest manufacturing data that shows weak factory activity being recorded in the mainland for the fourth consecutive month.
28 Apr 2015
There used to be few alternatives to manufacturing in China, but this infographic details how rising production costs in the "Factory of the World" is allowing sourcing competitors to threaten that dominance.
16 Apr 2015
Weak exports from China are driving Asia-Europe container freight rates down to new record lows, according to the world’s largest shipping association.
02 Mar 2015
Global economic growth will accelerate next year driven by lower energy prices, a resurgent U.S. consumer as a global driver of growth, and stimulus measures being imposed by multiple central banks, IHS Chief Economist Nariman Behravesh told the 2015 TPM conference in Long Beach on Monday.
16 Dec 2014
A preliminary reading of an index shows Chinese manufacturing activity in December shrank for the first time since May, the latest sign of weakening European and broader global demand.
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.
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