China’s port cargo throughput grew 6 per cent y-o-y in Q3, driven by stronger exports to the EU, ASEAN, and Africa, offsetting weak US demand.
Exports rose 6.5 per cent, despite a 27.3 per cent drop to the US.
Container rates fell over 50 per cent amid oversupply.
Fitch said a one-year China-US tariff pause may ease short-term pressure, though risks remain without a long-term trade resolution.
Exports rose 6.5 per cent, despite a 27.3 per cent drop to the US.
Container rates fell over 50 per cent amid oversupply.
Fitch said a one-year China-US tariff pause may ease short-term pressure, though risks remain without a long-term trade resolution.
