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MNI China Press Digest Feb 13: Tariffs, Copper, Logistics

MNI picks keys stories from today's China press
Central Bank NewsPolicy NewsPBOCAPACChinaEM Policy NewsChinaEM Central Bank NewsPeoples Bank of ChinaPolicy StoryStoryRegion
MNI (BEIJING)

Highlights from Chinese press reports on Thursday:

  • Washington’s decision to remove eventually de minimis exemptions for small packages will increase Chinese e-commerce use of sea freight and U.S. warehousing services, while lowering demand for air freighters, according to Ni Xiaorong, president at freight forwarding firm Deutsche Bahn in China. Current tariff levels will not reduce China’s overseas demand significantly, according to the head of a large freight enterprise company Yicai interviewed. (Source: Yicai)
  • China will make efforts to increase domestic copper resources by 5-10% to improve supply chain resilience by 2027, Economic Daily reported, citing a document released by 11 ministries including National Development and Reform Commission. China will increase copper reserves and build several large and medium-sized copper mines, the document said. China has become the world's largest producer and consumer of copper products, with the output of refined and processed copper materials reaching 13.6 and 23.5 million tonnes in 2024, the newspaper said.
  • China’s E-commerce Logistics Index reached 109.2 points in January, down 3.5 points from December as merchants suspended operations during the Spring Festival, data from the China Federation of Logistics showed. However, Securities Daily noted the State Post Bureau delivered 1.1 billion express packages during the holiday, up 31% versus 2024.
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MNI (BEIJING)

Highlights from Chinese press reports on Thursday:

  • Washington’s decision to remove eventually de minimis exemptions for small packages will increase Chinese e-commerce use of sea freight and U.S. warehousing services, while lowering demand for air freighters, according to Ni Xiaorong, president at freight forwarding firm Deutsche Bahn in China. Current tariff levels will not reduce China’s overseas demand significantly, according to the head of a large freight enterprise company Yicai interviewed. (Source: Yicai)
  • China will make efforts to increase domestic copper resources by 5-10% to improve supply chain resilience by 2027, Economic Daily reported, citing a document released by 11 ministries including National Development and Reform Commission. China will increase copper reserves and build several large and medium-sized copper mines, the document said. China has become the world's largest producer and consumer of copper products, with the output of refined and processed copper materials reaching 13.6 and 23.5 million tonnes in 2024, the newspaper said.
  • China’s E-commerce Logistics Index reached 109.2 points in January, down 3.5 points from December as merchants suspended operations during the Spring Festival, data from the China Federation of Logistics showed. However, Securities Daily noted the State Post Bureau delivered 1.1 billion express packages during the holiday, up 31% versus 2024.