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 ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
Lufthansa Cargo yesterday warned that the slump in China’s stock market could see further lows in the air cargo industry – already suffering some of the lowest rates since 2009 on Asia-Europe, as capacity outweighs demand. Calling the 20-30% slump in China’s stock market a “medium earthquake”, LC chief Peter Gerber warned that air freight would be the first to suffer. But, notes Cargo Facts succinctly, China’s stock market is also up 75% from a year ago. Has that led to a surge in air freight demand? Not so much. Maybe China’s financial markets and air freight have a looser relationship than Lufthansa Cargo believes…
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