China


Cargo operations at Chinese airports hit break-point; freight rates slump

Airfreight demand out of China was lower than expected this week but it started to drop soon after the Golden Week holidays. It was a terrifying time for forwarders before the China holidays and soon after. Empty freighters, canceled charter contracts, missed flights and stricter PPE quality inspections also saw a reduction in demand for shipping PPE. Demand for air freight was lower than expected due to shippers holding...

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Donald Trump’s new tariff threats not expected to derail China trade deal, but Beijing may want to play for time

China will not cancel its phase one trade deal with the United States despite fresh tariff threats by US President Donald Trump, analysts say, but it may seek to postpone its commitments amid the global economic slowdown. Trump linked US-China trade war politics to accusations that China had covered up and mismanaged the outbreak of Covid-19, which has grown into a global pandemic, in an interview with Fox News on Sunday....

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CEVA launches Southeast Asia rail-truck service as alternative to air

Logistics firm CEVA has launched a truck-rail-truck operation between China and Southeast Asia in response to airfreight capacity shortages in the region. CEVA said China and the Southeast Asia region are facing flight suspensions and reductions, space limits and operational restrictions in addition to long waits at border crossings due to the Covid-19 pandemic.  It pointed out that the China-Vietnam road border crossing point between Pingxiang and Lang Son...

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China: Customs to crack the whip with rogue exporters

China has warned of stringent action against manufacturers who export defective and counterfeit medical products, including confiscation of the illegal income and punishment, to ensure the overall quality of its foreign trade, the General Administration of Customs said on Monday. The GAC will impose fines of more than 50 percent but less than three times the value of the goods on exporters who violate the rules, the administration said...

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Economic Watch: Trade recovers on China-Vietnam border

NANNING, March 18 (Xinhua) — Hundreds of flat-bed and container trucks queued along a border bridge in Dongxing, a city in south China’s Guangxi Zhuang Autonomous Region, waiting for customs clearance, a scene that signifies the recovery of trade on the China-Vietnam border from the COVID-19 epidemic. Pham Van Tan, a 31-year-old Vietnamese, was driving a truck loaded with about 20 tonnes of dragon fruit produced in Vietnam’s Da...

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Vietnam-China auxiliary border gates reopened to facilitate trade

Vietnam-China auxiliary border gates reopened to facilitate trade

Feb 7 2020 / VNA Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours. Lang Son (VNA) – Auxiliary border gates between the northern province of Lang Son and China’s Guangxi province will be reopened on February 10 to facilitate border trade between the two neighbours. Vice Director of the...

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Russia closing border with China to affect people, not goods

By Jake Rudnitsky and Evgenia Pismennaya Jan 30 2020 / International Trade Russia’s move to close its land border with China is targeting passengers, leaving freight unaffected for now, the government said Thursday. Only 3% to 4% of bilateral trade turnover comes from people carrying goods through the checkpoints along the 4,210-kilometer (2,615 mile) border, according to Alexander Gabuev, the head of the Carnegie Moscow Center’s Russia in the...

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Chinese firms accused of dodging tariffs through ‘phantom trade’

By Lizzy Burden Jan 20 2020 / The Telegraph Chinese firms may be dodging billions in US tariffs by clandestinely channelling trade through other countries. Euler Hermes, which insures payments to exporters, shows in its annual global trade report that Asian exporters thought to have been winners in the trade war – taking the place of China as alternative exporters to the US – could be illegally rerouting goods...

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China halves customs clearance time ahead of schedule

China halves customs clearance time ahead of schedule

By Xinhua Jan 13 2020 / china.org.cn China’s customs clearance time shortened dramatically in 2019, meeting a target set by the State Council two years ahead of schedule, the General Administration of Customs said Monday. The country’s import clearance time was reduced to 36.7 hours in December last year, plunging 62.3 percent from 2017. Export clearance time was slashed to 2.6 hours, plummeting 78.6 percent from 2017. Besides, China’s...

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