The Commerce Ministry of China has said that tax rebates for exports are likely to be increased this year. Exports have declined sharply due to the European debt crisis, and the government wishes to stabilise export growth. The announcement was made at the 2012 China Imports and Exports Work Conference in Nanchang in Jiangxi province [...]
Posted: March 23rd, 2012 under China, exports, Far East, Imports.
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Having announced last week that they would impose a freight increase on the Asia Europe route in August, shipping lines have revealed that spot rates have fallen on average. The Shanghai Containerised Freight Index showed that rates declined from 809 dollars per tonne two weeks ago, to 800 dollars per tonne. Shipping line hope that [...]
Posted: July 29th, 2011 under Asia, Containers, Far East, Freight forwarders, Shipping lines.
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