U.S.-bound import shipments—at 1,310,710—are up 30.5% annually and are up 27.9%, to 6,137,069, on a year-to-date basis through May. And containerized freight imports—at 3,010,055 TEU (Twenty-Foot …
Monthly Archives For June 2021
Congressman McCarthy calls for China to be held accountable for spread of coronavirus
Bakersfield Congressman and House Minority Leader Kevin McCarthy says it’s time to hold China accountable for the spread of the coronavirus. In a letter issued Monday, McCarthy called …
China Backed by 65 Nations on Human Rights Despite Xinjiang Concerns
Canada led 44 UN member states in a joint statement censuring China for human rights violations in Xinjiang, but Beijing received a supportive counterstatement from 65 countries.
China’s acidspar imports surge by 895% in May; exports climb 3%
China’s imports of fluorspar acidspar grew by 895% year on year in May 2021 due to increasing demand from buyers in China attracted by cheaper prices, while exports increased slightly with most demand …
China’s May manganese ore imports surge 27% on month
China’s imports of manganese ore reversed up in May after their short-lived retreat in the prior month, surging by 27% on month to 2.85 million tonnes, according to the latest detailed data released …
Trends In Blockchain: Why Big Banks Are Adopting This Technology
I believe that the notion that a financial revolution will displace the power and function of large international banks is very unlikely … as long as they continue to adapt and invest. In 2018, …
SoftBank-backed Dingdong targets over $6 billion valuation in US IPO
The valuation represents a jump of over 20% from the $5.1 billion the company was worth after the Japanese conglomerate invested in it last month.
Coronavirus impact on China’s exports may have been underestimated amid Guangdong outbreak, analysts say
The coronavirus outbreak in Guangdong province has placed “huge” psychological pressure on small and medium-sized enterprises across China’s manufacturing hub, and some fear they might lose orders to …
Chip shortage restricts China’s car production, leaving showrooms empty, but local brands are faring better
Car output fell 6.8 per cent in May as buyers are left waiting months for new vehicles, but local brands with lower sales volumes are faring better than premium foreign brands.
Fluid like water: Lessons from Chinese DTC brands
China’s DTC or direct-to-consumer brands are shapeless like water, says OMD China’s Mimi Lu, with fluid branding, a fluid omnichannel and fluid segmentation based on small data.
XPeng stock jumps as Chinese Tesla rival reportedly gets approval for Hong Kong IPO
Xpeng’s American depositary receipts jumped more than 5% in U.S. premarket trading, following the reports on Wednesday.
Coronavirus: how China’s closed borders have hit trade and diplomacy
Traders are feeling the pinch as they try to do everything online, while top-level meetings have been held virtually at a time when Beijing’s relations with major trade partners are worsening.
China takes 1st place in vaccination list with over 1.3B shots
According to a tracking website, more than 2.66 billion shots of corona-virus vaccines have been delivered worldwide till now, numbers gathered by Our …
