China’s General Administration of Customs released import and export figures for the first two months of 2023 on March 7, admitting that imports and exports had fallen year on year (YOY) and manufacturing exports had fallen across the board. According to the official data, China’s exports fell 6.8 percent from a year earlier to $506.3…
China’s Imports and Exports Fell in January-February, Manufacturing Exports Fell Across the Board
Port of Los Angeles Sees Huge Drop in Imports as Holidays Arrive
Imports at the Port of Los Angeles plummeted 28 percent in October as shippers continued to divert to other ports, prompting officials to scramble in their efforts to recoup lost business. In all, the Port of Los Angeles processed one-quarter fewer imports, exports, and empty containers last month, compared to the year before. This was…
China’s Export Growth Likely Eased in September on Electricity Curbs: Reuters Poll
BEIJING—China’s export growth likely slowed in September as electricity rationing hit production at home, while a shift in consumption towards services as developed economies reopened likely reduced global appetite for Chinese goods, a Reuters poll showed on Tuesday. Exports are expected to have risen 21.0 percent in September from a year earlier, according to the…
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