26 Apr 2023

Mixed signs for air cargo outlook for 2023

  The outlook for air cargo over the coming year remains mixed with several factors set to impact performance.Speaking at IATA’s World Cargo Symposium in Istanbul, IATA economist Bojun Wang predicted that air cargo demand was set to decline by 4% this year compared with 2022 levels. He said that this reflected the ongoing challenging […]

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18 Apr 2023

Exporters at China’s Biggest Trade Fair Express Concerns about Weak Global Economy

Chinese exporters displaying their products at the largest trade fair in the country have expressed concern that their businesses are being impacted by the weak global economy. Some have even frozen investments and reduced labor costs in response. The subdued mood at the Canton Fair in Guangzhou suggests that China’s unexpected surge in exports in […]

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17 Apr 2023

China Supply Chain

Canton Fair: Exporters from China adopt a more assertive approach as they compete for foreign buyers.   China’s Canton Fair, also known as the China Import and Export Fair, the country’s largest and oldest trade fair, has resumed in-person exhibitions after three years of being held online due to the pandemic. The fair, which began […]

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08 Apr 2023

NRF Forecasts 2023 Retail Sales to Grow Between 4% and 6%

  WASHINGTON – The National Retail Federation today issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year. “In just the last three years, the retail industry has experienced growth that would normally take almost a decade by pre-pandemic standards,” […]

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