The Loadstar Leader: Headline news for trade – or is it? Best just wait and see...
Over the weekend the Chinese government announced that preliminary agreements on tariff reduction had been ...
AMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZCHRW: ANOTHER NOTE OF CAUTION MAERSK: EVERY BOOST HELPS
AMZN: BIG DEBT FUNDING ON ITS WAYDHL: 'STELLAR EXPRESS'DHL: UPDATEDHL: STRONG PRELIMINARY UPDATE CHRW: STILL VERY BEARISH PLD: 'MOST PREFERRED'ZIM: DEAL OR NO DEALWTC: MOMENTUMDAC: PAYOUTMAERSK: RETURN TO SUEZCHRW: ANOTHER NOTE OF CAUTION MAERSK: EVERY BOOST HELPS
A fascinating article by Bloomberg on how the Chinese are moving their apparel manufacturers to Ethiopia. It’s cheap to do, they’re quick to build and it has government support. And production is ramping up quickly. However, there are a few flies in the ointment for these “pioneers”. Power in Ethiopia is shared unevenly: one party controls every seat in parliament, but only represents 6% of the population; civil war is a possibility, writes Bloomberg. There is also an “efficiency” issue with untrained employees, as well as logistics problems getting the goods out of the country. A worthwhile read for anyone involved in the apparel trade, logistics, or sourcing in Ethiopia.
This article is © The Loadstar. Reproduction, rewriting, or derivative use requires a license. Contact [email protected] for licensing enquiries.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article