Logistics

China’s Exports Rise 7.2% in August

09

Sep 2013


Global Sourcing, Logistics
1 comment

China’s Exports Rise 7.2% in August

BEIJING, Sept. 8 (Xinhua) -- China's exports rose 7.2 percent year on year to 190.61 billion U.S. dollars in August, according to customs figures released on Sunday. The growth rate was 2.1 percentage points higher than July. Imports also rose last month, gaining 7 percent to 162.09 billion U.S. dollars, the General Administration of Customs said in a statement. Total foreign trade grew 7.1 percent in August over the same month in 2012 to 352.7 billion U.S. dollars, said the statement. ...

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Boost Supply Chain in S. African Wine

30

Aug 2013


Global Sourcing, Logistics, Supplier Assessment
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Boost Supply Chain in S. African Wine

JOHANNESBURG, Aug. 27 (Xinhua)-- An improving supply chain could help South African wine industry and raise the country's economic competitiveness, according to a study released on Tuesday.   Lack of supply chain awareness is hampering the competitiveness of South Africa's wine industry, said the study released in Johannesburg.   "Many cellars are still thinking like fruit farmers who merely sell their produce to exporters. It's a mindset that can, and must urgently change,...

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Nine key trends of global logistics

14

Aug 2013


Global Sourcing, Logistics, Supplier Assessment
14 comments

Nine key trends of global logistics

Logistics complexity – in the form of fragmented channels, increased product variations, and consumer demand for customized solutions – has been increasing, according to a global study published recently by BVL International, a worldwide supply chain and logistics membership organization.   “Several trends identified in the study demonstrate that a number of major challenges lie ahead as the world becomes a more complex place in which to operate logistically,” said Dr. Robert ...

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See Mexico Tequila on China’s Top Shelf

09

Aug 2013


Global Sourcing, Logistics, Quality Control
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See Mexico Tequila on China’s Top Shelf

MEXICO CITY — China has finally invited Mexico to the party and is letting it bring its finest booze, ending a de facto ban on pure agave tequila.   Tequila makers are celebrating the long-awaited opening of China’s market after President Xi Jinping came here in May and, among other things, announced China would relax the restrictions that have prevented brands like Herradura, Patron, Don Julio, and José Cuervo from exporting there. The industry envisions positioning its tequila ...

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Mexico Woos Chinese Tourists

05

Aug 2013


Global Sourcing, Logistics, Opportunities
2 comments

Mexico Woos Chinese Tourists

Hundreds of thousands of Chinese tourists visit the United States each year, but fewer than 50,000 went to its southern neighbour Mexico last year. But Mexico's looking to change that.   Its tourism secretary Claudia Ruiz Massieu has been visiting Hong Kong and the mainland to woo Chinese investors and tourists.   She said that last year Mexico saw about 1,500 Hong Kong visitors and around 47,000 from the mainland. "We're looking to grow those flows" she added at the start ...

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China’s Rising Costs

31

Jul 2013


Global Sourcing, Logistics, Opportunities
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China’s Rising Costs

Companies that reevaluate their China-based manufacturing operations can remain competitive despite inflation.                                     Executives across China have been quick to mention rapidly increasing labor costs in recent years as one of their top concerns for their China operations. China’s labor costs in the urban manufacturing sector reached ¥31,000 ($4,579) per employee per year in 2010, more than doubling from just ¥12,700 ($1,5...

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New Rail Cargo Zhengzhou-Hamburg

22

Jul 2013


Global Sourcing, Logistics
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New Rail Cargo Zhengzhou-Hamburg

Responding to rising trade volumes, Zhengzhou, a business and logistic center in Central China, has started rail service to Hamburg, Germany.   The train takes 18 days to make the 10,214-kilometer trip, but that's more than twice as fast as maritime transport. It can also effectively save 80 percent of the cost compared with air shipments, and it's about $489 cheaper on average compared with road transportation, which is a major incentive for the Eurasian Land Bridge, also dubbed New ...

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5 Ways China Can Rise Its Imports

15

Jul 2013


Global Sourcing, Logistics, Opportunities
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5 Ways China Can Rise Its Imports

China’s growing middle class will become a strong source of purchasing power by reaching up to 630 million over the next decade. The primary objective for the Chinese government is to meet the expected demand and become a more customer-driven economy. The Chinese government restricts imports of American goods and has high tariffs on goods Chinese consumers are willing to buy. By decreasing tariffs on the imported goods China could help itself to obtain its objectives. Next will be introduced s...

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New High-speed Railway in China

10

Jul 2013


Global Sourcing, Logistics
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New High-speed Railway in China

New High-speed railway line linking Nanjing, Jiangsu Province with Ningbo, Zhejiang’s only deepwater port, and passing through Hangzhou, Zhejiang’s provincial capital put into operation this July. It means a faster connection was provided in Yangtze River Delta region, one of the richest regions in China.   This new high-speed railway will better integrate the region with Shanghai as a center to boost its neighbour cities. The exchange of regional and even international economic a...

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China’s Come Back after the Gap

03

Sep 2012


Global Sourcing, Logistics
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China’s Come Back after the Gap

China started to get scared as the beginning of year 2012 was not as good as expected or usual in exports target. The giant exporter let the world it can weakens at any time, but in the end, as usual, China takes it back and will finally meet their target. In Beijing, China's trade ministry sought to dispel worries about slowing economic growth in July by saying exports are likely to pick up in coming months and the country can meet its 10 per cent exports growth target for 2012.   S...

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