
Articles
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1 day ago |
scmp.com | Carol Yang
Transpacific shipping routes are set to witness a dramatic uptick in container traffic over the coming weeks, as businesses rush to front-load shipments to take advantage of a temporary reduction in US and Chinese tariffs, analysts said. The 90-day truce announced by China and the United States on Monday is expected to trigger an immediate surge in demand for container shipping, with some analysts warning the increase in shipments could be so large that it creates bottlenecks at American ports.
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4 days ago |
scmp.com | Carol Yang
As rising global uncertainties prompt China to diversify sources of imported food, its Southeast Asian neighbours are becoming increasingly viable suppliers thanks to overseas investment and cooperative farming initiatives, experts say. Yunnan, the southwestern Chinese province bordering Myanmar, Laos and Vietnam, plays a key role in regional agricultural cooperation.
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4 days ago |
flipboard.com | Carol Yang
3 hours agoTrump says U.S. and China negotiated "total reset" in tariff talksSensitive talks between U.S. and Chinese delegations over tariffs that threaten to upend the global economy ended after a day of prolonged …18 hours agoWild Video Shows Entire Mountain Range in China Covered With Solar PanelsThis is nuts. We know from international reporting and economic analysis that China has become a world leader in solar power.
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5 days ago |
scmp.com | Carol Yang
While European companies say the direct impact of the US-China tariff war on their Chinese operations has been relatively limited, they are less confident about the short-term business outlook, according to a survey conducted by the European Union Chamber of Commerce in China. European companies were better prepared for the current trade war than the first round in 2018, and had been able to mitigate the direct impact of increased tariffs, chamber president Jens Eskelund said.
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6 days ago |
scmp.com | Carol Yang
With even large companies maintaining only four to six weeks of inventory, US consumers are likely to see reduced options on shelves and higher prices unless major changes occur in the tariff situation, warned Gene Seroka, executive director of the Port of Los Angeles. Small and medium-sized importers face even greater challenges due to limited inventory capacity, Seroka said at a meeting of the Los Angeles Board of Harbour Commissioners this week.
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