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Tianjin Shipping Index up 1.44% 2020-12-25
TIANJIN - China Tianjin Shipping Index (TSI), an indicator of northern China's ocean freight rates for both international and domestic shipping markets, stood at 1,074.73 points on Thursday, up 1.44 percent compared with the previous working day.The statistical samples of TSI...
MoreNot the time to screw up the fastener supply chain 2020-12-24
Just as most European companies wind down for Christmas, the EU has announced an anti-dumping investigation on industrial fasteners from China, leaving importers and their customers hardly any time to register for participation in the case.Fastener importer trade body, EFDA, is e...
MoreIndustrial, supply chains to get big boost 2020-12-23
More independent, controllable links to guard against risks, aid global economyBuilding more independent and controllable industrial and supply chains will help China better cope with short-term risks amid the COVID-19 pandemic and deeply participate in the reconstruction of glob...
MoreCSC increases wire rod prices for Q1 2020-12-22
The main Taiwanese steel supplier, China Steel Corporation (CSC), has announced it will increase bar and wire rod prices to domestic buyers by TW$1,500 per tonne (US$53) in Q1 2021.CSC points to a number of factors that have led to an increase in prices. “Since March, due to a s...
MoreContainer shortages impact fastener supply chain 2020-12-21
A shortage of shipping containers at major global export ports is now seriously impacting fastener availability in the UK and Ireland, the British & Irish Association of Fastener Distributors warns. The crisis is also forcing up container freight costs three-fold and exacerba...
MoreNEVs drive China's auto industry growth 2020-12-16
Workers assemble a new energy delivery vehicle in an auto manufacturing base in Laiwu, China is expected to own the most vehicles globally by the end of this year with 300 to 350 automobiles per 1,000 people, Fu Bingfeng, executive vice-president of the China Association of Autom...
MorePassing on Positive Information and Consolidating Confidence of the Industry 2020-11-19
International Fastener Show China 2020 (IFS China 2020) was grandly closed on November 5, 2020 at Shanghai World Expo Exhibition & Convention Center. IFS China 2020 covered a total display area of 38,000 sqm. 615 well-known fastener enterprises worldwide (1,683 standard ...
MoreVolkswagen to expand SUV lineup in China 2020-09-15
German carmaker Volkswagen will continue to grow its SUV portfolio in China, offering at least 17 different models by the end of 2022, a senior executive said.Volkswagen Group China CEO Stephan Woellenstein said the namesake brand has 10 SUV models in the market, with another thr...
MoreChina-Europe business dialogue held in Brussels 2020-09-11
The China-Europe Business Dialogue was held in Brussels on Sept 9, carrying the theme "Building Stronger Economic Partnership & Tapping into EU Digital Transformation".Romano Prodi, former president of the European Commission and two-time prime minister of Italy, Di...
MoreRecovery helps economy to stay the course 2020-09-01
Manufacturing companies see rise in demand as work resumptions speed upStrong demand for manufactured goods put China's economic rebound on a healthy track in August, experts said on Monday."The manufacturing sector continued to see a strong recovery in demand and this s...
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