Supply chain impact of coronavirus increases further

The devastating impact of coronavirus on global trade and supply chains continues to escalate as non-China Covid-19 infections surpass those recorded in China itself. One upshot is that even as cargo availability in China increases, the implementation of social distancing and isolation policies in a bid to contain the spread of the virus threaten economic growth and demand in Europe and North America. Sea-Intelligence‚Äôs latest Sunday Spotlight newsletter warned that as...

Read More

Chinese consumers' rising demand drives surge in e-commerce imports

Chinese consumers’ rising demand drives surge in e-commerce imports

By ZX Jun 29 2019 / XinhuaNet BEIJING, June 29 (Xinhua) — China saw a surge in e-commerce imports on the back of strong consumer demand and a boom in cross-border online platforms, data from an industry report showed. In 2018, China’s imports through e-commerce platforms, including B2B, B2C, C2C and O2O, amounted to 1.9 trillion yuan (about 275 billion U.S. dollars) in 2018, rising 26.7 percent year on...

Read More