December 13, 2024 01:47 GMT
CHINA PRESS: China To U.S. Exports To Remain Strong In December
CHINA PRESS
China’s exports to the U.S., which grew 8.0% in November, 1.2 percentage points higher than the overall, will remain robust in December as buyers rush orders ahead of expected tariffs in 2025, and sellers increase shipments before the Chinese New Year, 21st Century Business Herald has reported. However, the news outlet noted transport media has remained sufficient, with December’s Shanghai to the U.S. west and east coast shipping rates reaching USD3,309 forty-foot equivalent unit (FEU) and USD4,924, down 1.1% and 0.6% from November. Everbright Securities expects the negative impacts from tariffs in 2025 to become apparent only towards year-end.
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