Not the start of the decline of globalisation – just of China's dominance
Determined to have his FDR moment, Joe Biden’s latest policy seems likely to have put ...
Some interesting stats and analysis from CAPA, on western China’s air freight exports. Chengdu, Chongqing and Zhengzhou combined have now, for Cathay Pacific, overtaken Shanghai to become its largest Chinese freight market. While it has not been a market that has favoured all-comers, with Lufthansa Cargo withdrawing its short-lived operation at Chongqing last year, citing unpredictable volumes and low yields, last year the three manufacturing cities saw considerable growth in export volumes. A useful read for anyone considering this challenging market.
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