The British Chambers of Commerce’s Quarterly Economic Survey (QES) – the UK’s largest independent survey of business sentiment and a leading indicator of UK GDP growth – found that business conditions remained historically poor in the first quarter of 2021as the third lockdown severely limited activity. However, the bellwether survey of 6,103 firms, who employ almost […]
Fighting for survival but growing positive signs Read More »
Hong Kong exporters reported a sharply lower direct impact from the COVID-19 pandemic in the first quarter of this year but expressed anxiety over a possible resurgence, as well as knock-on effects such as softening global demand. Exporters responding to the Hong Kong Trade Development Council’s (HKTDC) quarterly survey for the HKTDC Export Index, which
Exporters look past COVID-19 Read More »
In a massive boost to the freight and logistics industry, the government in the United Kingdon published an in-depth proposal titled “The future relationship between the United Kingdom and the European Union” for the future trade relations between the UK and Europe. Theresa May led government has said it will preserve the UK’s and EU’s
Brexit whitepaper provides massive relief to trade Read More »
The British government has decided to launch an inquiry to look further into the potential effects to be caused by Brexit on British freight operations. The logistics sector has returned with feedback and undoubtedly will also share strong views on the subject before the public consultation ceases taking opinions on June 8. A lot of
UK launches ‘’Freight and Brexit inquiry.’’ Read More »
Business conditions Survey respondents in the shipping and logistics sectors have similar views about current business conditions. More respondents think that business conditions are about the same as they were six months ago, although substantial proportions (38.1% and 37.1% of shipping and logistics respondents respectively) think they have become somewhat more difficult. Looking ahead, there
Shipping & Logistics: UK Expectations Read More »
The first freight train to run from Britain to China departed on 10/04/17, carrying vitamins, baby products and other goods as Britain seeks to grow its global trading credentials for when it leaves the European Union. The 7,500-mile journey from Essex (Eastern England) to Eastern China (Yiwu, Zhejiang province) will take 18 days – around
”One belt, one road” right on track! Read More »
Heathrow has today announced it will meet the conditions set out in the Airports Commission’s recommendation for a runway expansion. While Gatwick airport is still fighting it’s own case; its CEO Stewart Wingate described Wednesday’s announcement by Heathrow’s owners as a “desperate last throw”. However, BBC transport correspondent Richard Westcott says Heathrow may have just
Heathrow plays it’s ace card for 3rd runway Read More »
Hong Kong has enjoyed solid economic growth over the past decade, with real GDP increasing by over 46% between 2004 and 2014, thanks in part to Chinese government-backed schemes such as the Closer Economic Partnership Arrangement (CEPA), Individual Visit Scheme (IVS), and most recently, the Shanghai-Hong Kong dual-market stock trading arrangement. This growth has stimulated
Infrastructure set to Enhance HK’s Connectivity Read More »
Hungary has become the first European country to sign a cooperation agreement for China’s new “Silk Road” initiative to develop trade and transport infrastructure across Asia and beyond, the foreign ministry said. The countries’ foreign ministers signed a memorandum of understanding for what is formally known as the “One Belt, One Road” project in Budapest,
Hungary signs up to China’s ‘Silk Road’ initiative Read More »
BEIJING – China’s State Council pledged on Wednesday to boost the implementation of the “Made in China 2025” strategy, which will upgrade the manufacturing sector for the powerhouse. Accelerated industrialization is supported by the manufacturing sector, according to a statement released after an executive meeting of the State Council, presided over by Premier Li Keqiang.
China to boost ‘Made in China 2025’ strategy Read More »
