What's happening in China

 

China Trade Specialists 

 

CASA China Ltd. Shenzhen

Call Anytime, Service Anywhere.
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A-Cross International Freight
Co., Ltd.

We are the professional logistics
supplier you can depend on!
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Turbo Maritime Agency Ltd.

Your Logistic Provider in South
China
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Golden Fortune Shipping
Co., Ltd.

We are now Accessible Anywhere
and Anytime
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Greaten Shipping Agency Ltd.

The pursuit of excellence
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Global Net Int'l Logistics
Co., Ltd.

One of our major propose. It's fast
and be on time!
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FESCO Lines China Company
Ltd. Tianjin Branch.

We are the professional logistics
supplier you can depend on!
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Worldex Logistics Qingdao
Co., Ltd.

Logistics Service Provider
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Kwise Logistics (Shandong)
Co. Ltd.

Global Vision Local Focus - "We're
here for you and we're there for
you.
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Weida Freight System Co., Ltd.

Carry your cargo with heart.
Customer's Satisfaction is our most
happiness.
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Way-Way International
Logistics Co., Ltd.

Prudent, Practical, Combatant and
Innovative
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Shandong Land-Sea
International Transportation
Co., Ltd.

Customers' satisfaction is
LAND-SEA's eternal pursuance!
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Jaguar Logistics Co. Ltd.

Providing reliable and prompt freight
forwarding services at competitive
prices that result in Customer
satisfaction
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ESA Logistics (HK) Co., Ltd.

Your partner of choice for worldwide
consolidation, customs clearance,
warehousing and distribution or
specialty shipments.
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Lailon Enterprises Ltd.

We adhere to the Principle of
"Customer First" and "Service
Best"
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Shenzhen Lancer Logistics
Co., Ltd.

Success, just beginning for us.
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Fohang Wonstar Shipping (HK) Co., Ltd.

Co-creating value with customers,
developing with employees and
promoting harmony with society.
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Sunway Logistics (Shenzhen)
Co., Ltd.

Be customer-oriented, always
putting the satisfaction of customers
first
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Wagon Shipping (HK) Ltd.

To provide you with immediate,
efficient, high quality service.
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 Many differ on why China trade's peak season tanked, but are they right
   thinking so?
  
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 China wants to retain its third world exemptions while gaining first world
   status
  
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 ChAFTA: Oz live export China trade unjustly maligned - it's great for
   drovers  
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To understand China's 'One Belt One Road policy', look at what
it has done in Africa

 


THE "One Belt One Road" sloganeering out of Beijing, relates to building road and rail infrastructure along the Old Silk Road of Marco Polo's day. What is envisaged is making the route a massive super-highway for all transport modes.

But that's just a first step, to focus the mind on the glories of the 14th century Venetian merchant adventurer, to use a route from China across Black Sea to his homeport on the Aegean in northern Italy.

The "One Belt One Road" slogan covers the generality of the route, which even now goes well beyond the narrow Marco Polo trail into south east Asia and the Indian subcontinent, with a serious maritime hub at Colombo.

What "One Belt One Road" is likely to be is a series of asymmetrical land bridge projects with various degrees of Chinese involvement, from full investment to arranging the investment of others - and everything in between.

What it means for the future is perhaps better perceived in Africa, where the previous regimes of Communist leaders were busy doing much the same work with no reference to Marco Polo.

China is now Africa's biggest trading partner, having surpassed the United States in 2009. By the end of that year, 45.7 per cent of China's cumulative foreign aid of US$41.2 billion had been given to Africa.

Of course, when China was the poorest of the poor in the 1950s, it stood by rebel guerrilla forces (which have since become legitimate national armies) against African colonial regimes. China armed them, and on independence put in roads and railways. A grateful independent Mozambique even graced its flag with a Chinese AK-47 assault rifle.

Among the most notable early projects was the 1,860-kilometre TAZARA Railway, linking Zambia and Tanzania, which China helped to finance and build from 1970 to 1975.

Some 50,000 Chinese engineers and workers sent to Africa to complete the project. By 1978, China was giving aid to more African countries than the United States.

Without the colonial baggage of Western powers, and a record of offering a helping hand when few would, China has reaped the rewards. More than 80 per cent of China's $93.2 billion in imports from Africa in 2011 were crude oil, raw materials and resources.

South Africa is China's largest trading partner in Africa, at a volume of $20.2 billion. Yet this is four per cent of China's trade with the European Union.

Last year, Lagos's Initiative for Public Policy Analysis (IPPA) undertook a study of the impact of Chinese involvement in Africa, and said Beijing demanded few in any conditions from aid recipient, attaching far fewer strings than western powers did - for better or worse.

Loans from China provided an alternative source of capital, which has weakened the position of the World Bank. China's Overseas Development Assistance has freed African nations from tight fiscal control, transparency and the rule of law and democracy, condition attached to aid from western countries.

Unconditional and low-rate credit lines (rates at 1.5 per cent over 15 years to 20 years) have taken the place of the more restricted and conditional Western loans. Since 2000, more than $10 billion in debt owed by African nations to China has been cancelled, says Wikipedia.

The Chinese were also willing to put money in infrastructure when western aid givers demurred, preferring to fund education and health care projects instead.

But China has been active here too. Between the early 1960s and 2005, more than 15,000 Chinese doctors have been to Africa to treat 170 million patients over this period.

There are 800 Chinese companies doing business in Africa, most in the private sector investing in the infrastructure, energy and banking.

IPPA researchers Thompson Ayodele and Olusegun Sotola found that 60 per cent of Chinese exports were destined for only six countries. The Nigerian team also found that fears that China was stripping Africa of its oil were groundless. Only nine per cent of Chinese oil is imported from Africa while 62 per cent comes from the Mideast. This compares to 32 per cent of US oil imports coming from Africa and 33 per cent of Europe's.

"In terms of infrastructure projects, Chinese financing rose $1 billion in 2003, to $7 billion in 2006," said the IPPA paper.

"China's aid is characterised by equality and mutual respect for the sovereignty of the recipient countries. The loans are not conditional, interest free and repayment can be easily rescheduled," they said.

The drivers of the Chinese engagement are a need to shore up supplies of natural resources, particularly oil, and create a voracious market for its exports - and well as projecting an image of a global super-power, they said.

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