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TDM Insight: China is Becoming a ‘Factory for Factories’

Another Strong Month  The Artificial Intelligence revolution gets the headlines and is being credited for another robust trade month.  In July, Chinese exports increased 23.9% year-on-year to $397.9 billion. Its monthly surplus was $112.5 billion, putting it on track for another trillion-dollar annual surplus.  “Export and import values remain elevated, helped by soaring global demand…

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It’s a Good Summer for Trade But China Ag Imports Fell In July

During a summer that’s been a boon for free trade despite a looming escalation in trade wars, and the possibility of a second Trump administration, China’s agricultural imports dropped 4.9% year-on-year in July to $17.8 billion.  The trend reflects China’s regulatory practices, strategic protectionism, and shifting demographics. China has blocked some U.S. beef imports because of…

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Bangladesh Textile Firms Look to Asian Markets to Recover From Covid-19 Crisis

Bangladesh Textile Firms Look to Asian Markets to Recover From Covid-19 Crisis

The Covid-19 pandemic has cast a pall over clothing retail markets in the U.S. and Europe. With iconic firms like Brooks Brothers and JC Penney battling bankruptcy, Asian textile manufacturers have lost billions of dollars in orders. That’s hit Bangladesh’s garment sector, the world’s second largest, particularly hard. The country is heavily dependent on the…

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