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Since 2022, the RMB exchange rate has depreciated by 11%, and the US dollar index has appreciated by 16%. In the first quarter of 2022, the U.S. current account deficit will account for more than 4% of gross domestic product (GDP), an increase of 1.3 percentage points from the same period in 2021. I...

During the past three years, the rising sea freight rates had aroused widespread concern in the market. But now the cliff-like decline really surprised people as well.   In January this year, the sea frieght for a 40-foot container from China to the U.S. Western Coast was about US$10,000. In Au...

6,180 pairs of skateboard shoes including men's sizes and women's sizes were successfully loaded in the city of Putian of Fujian Province of China (which is most famous for its shoes industry) on Sept 15, 2022 and shipped to Panama after one week.    Situated in the beautiful port city of...

Today is an important and memorable day. The newly rented warehouse located nearby the Haicang Port in Xiamen City started operation. The warehouse is owned by a state-owned cooperation group who has very long years of warehousing and transportation experience. With the almost unlimited warehouse sp...

DISTRICT COUNTRY PORT NAME 20GP 40HQ MID EAST SAUDI ARABIA RIYADH   $5,000 SAUDI ARABIA DAMMAN   $4,650 U.A.E. DUBAI   $4,600 QATAR HAMAD   $4,650 IRAQ UMMQASR   $4,800 NORTH AMERICA USA LOS ANGELES   $8,000 USA NEW YORK   $10,000 CANADA VANCOUVE...

On the evening of February 4, the 2022 Beijing Winter Olympics will kick off.   For the first time in history, the same city has hosted two major Olympic events in summer and winter. This is also the first global comprehensive sports event to be held as scheduled since the outbreak of the new c...

Recently, the epidemic has rebounded in many places in China. Looking abroad, the epidemic is even more fierce. Many Asian countries continue to announce new cases dominated by the Delta strain. In the United States, nearly 200,000 new cases were diagnosed on July 31. The single-day case quanti...

Facing the recent rapid appreciation of the RMB, the People's Bank of China decided on May 31 to increase the foreign exchange deposit reserve ratio of financial institutions by 2 percentage points from June 15, 2021. That is, the foreign exchange deposit reserve ratio will be reduced from the curre...

According to US media reports on May 27, local time, former US Secretary of the Treasury and senior economist Lawrence Summers warned the US government that the US should immediately impose restrictions on loose economic measures, otherwise it will cause severe inflation.   Summers said that th...

According to reports, as of 8:00 on April 24, local time, in the past 24 hours, there were 346,786 newly confirmed cases of new coronary pneumonia in India, with a total of 16,610481 confirmed cases. Due to the deteriorating epidemic, the number of deaths from new coronary pneumonia has increased sh...

On the 23rd of August, US President Donald Trump announced tariff hikes on $250billion of Chinese imports from the current 25% to 30% effective as of the 1st of October, co-inciding with the 70th anniversary of the founding of the People’s Republic of China. Furthermore, new tariffs of 10% on...

On the 13th of August, US President Donald Trump announced that he will push back the date of the 10% tariff hike on a wide range of Chinese-made goods from the initial deadline of the 1st of September to the 15th of December. Unfortunately, many apparels and clothing accessories were not covered un...