SHANGHAI — China has clarified its new value-added tax on logistics services to allow second-tier forwarders, not just those who sign contracts directly with the carriers, to deduct payments of the tax imposed Aug. 1.
SHANGHAI — The Chinese government appears to have leveled the playing field for foregin shipping companies and forwarders in terms of its new value-added tax on logistics.
U.S. and Chinese shipper groups are urging their respective regulators to block the proposed P3 Network, arguing the top three global container lines will reduce competition by controlling too much...
China says it will attend a summit in Washington in December proposed by the Federal Maritime Commission to discuss the proposed P3 alliance involving the world's three largest container lines,...
SHANGAI, China — In the latest shake-up of senior management at a Chinese shipping company, Zhao Huxiang, chairman of H
China’s domestic spending shot up this year on Nov. 11 in response to “Singles’ Day” marketing promotions.
SHENZHEN, China — China’s shipping industry faces further turmoil as the country imposes new polices aimed at reining in severe overcapacity in the steel, cement, electrolytic aluminum, plate glass...
The HSBC China Purchasing Managers’ Index, a composite indicator designed to provide a snapshot of operat
China Shipping Container Lines’ loss shrank 1.8 percent year-over-year, to RMB 1.3 billion (approximately US$205.6 million), in the first half of 2013.
Shanghai has won approval from China’s State Council to set up a p
NINGBO, China — Maersk Line’s second Triple E container ship, Majestic Maersk, made its maiden call at China’s Ningbo port, in east China’s Zhenjiang province, on Aug. 16.