Latest industry related news items
Container congestion chaos as Yantian pushes deadlines pre-new year holiday
Severe congestion has hit roads leading to the southern Chinese container gateway of Yantian, as exporters desperately try to clear a backlog of orders before the new year holiday begins at the end of the week.
China factory activity slows on new Covid-19 wave
Factory activity in China slowed slightly in January, official data showed Sunday, as the country rushed to stamp out a recent coronavirus wave in northern China. The purchasing managers' index (PMI), a key gauge of manufacturing activity, came in at 51.3 this month, as the world's second-largest economy tightened Covid-19 precautions ahead of the Lunar New Year.