Marked decline approaching for exports from China to US
Demand in the US moves from goods to services, and this results in lower import of Chinese goods to the US, according to logistics heads. Data from China confirms declining orders at Chinese companies.
by JENS THOMSEN
US importers order significantly less goods in China, according to data from both China and the US, and as such, container carriers’ golden days may be replaced by an upcoming normalization, assesses an industry observer.
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