What's happening in China
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Asia, North America and Europe absorb 95 per cent of Chinese-made containers |
ASIA, North America and Europe were the three largest markets for the Chinese-made containers, which imported 95 per cent of the Chinese boxes, according to a Xinhua report.
Additionally, the volumes of China's container imports and exports have been growing significantly over the past few years, and the high growth rate is expected to continue this year.
In 2013, the full-year container exports grew at the beginning of the year but declined at the end. Conversely, the box imports hit the full-year low in January but rebounded to the peak in December.
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Can China say goodbye to low-value goods manufacturing? |
OVER the past two decades, China has been the factory of the world, providing consumers in Europe and North America, in particular, with access to a wide array of low-cost goods.
Additionally, this resulted in a massive increase in world trade volumes and it also had a major impact on China as well. It has made the country what it is today, one of the fastest growing economies in the world.
It is today the world's second largest economy. At the turn of the century it was just the sixth largest, trailing the United States, Japan, Germany, Britain and France, according to CNN Money.
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China's express industry faces major shakeout as bigger players consolidate the sector |
SF EXPRESS, one of China's largest couriers, has announced that it will expand cold chain services from first to second tier cities this year and then into even smaller centres.
Meanwhile, a smaller courier, which once aimed to be the sixth largest in China, is facing likely bankruptcy as the sector goes through a shakeout on government approved, if not mandated, consolidation.
As the early first half is traditionally slack for the express industry, the elimination of smaller firms is expected to accelerate, said China Supply Chain Management Union executive Huang Gang.
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Is 'made in China' under threat from near-sourcing trend?
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NEAR-sourcing has for some time been highly touted as the next great trend in the global supply chain. Yet for all the talk of this phenomenon we have seen very little evidence of it to date.
Consumers in the western world continue to grab items from shop shelves that are overwhelmingly marked with the "made in China" label.
But in the fashion and apparel industry it appears that non-China sourcing is gaining ground. It is a trend that leading US-based 3PL UTi Worldwide has observed.
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2014
May
- Europe Trade
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2014
April
- U.S. Trade
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2014
March
- Intra Asia Trade
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2014
Febuary
- Mediterranean & Africa Trade
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2014
January
- China Trade
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2013
December
- Europe Trade
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2013
November
- U.S. Trade
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2013 October
- Intra Asia Trade
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2013 September
- Mediterranean &
Africa Trade
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2013 August
- China Trade
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2013 July
- Europe Trade
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2013 June
- U.S. Trade
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2013 May
- Mediterranean & Africa Trade
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2013 April
- Intra Asia Trade
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2013 March
- China Trade
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2013
February
- Europe Trade
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2013 January
- U.S. Trade
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2012 December
- Intra Asia Trade
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China
Trade Specialists
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CASA China Limited Shenzhen
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Turbo Maritime Agency Limited
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Golden Fortune Shipping Co., Ltd. |
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Greaten Shipping Agency Ltd.
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Weida Freight System Co., Ltd.
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Way-Way International Logistics Co., Ltd
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Jaguar Logistics Co. Ltd
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ESA Logistics (HK) Co., Ltd.
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Sunway Logistics (Shenzhen) Co., Ltd.
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Be customer-oriented, always putting the satisfaction of customers first More....
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Wagon Shipping (HK) Limited
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To provide you with immediate, efficient, high quality
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