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you know, a host of very crucial products we need for everyday life, but our toys, our electronic items from iphones to laptops. and china can flip that on or off with the switch of a button. regardless of the container ship in question, right? well, i mean, there s we re importing record amounts of cargo from china today. that s been the case for a long time. 60% of the asia trade with the u.s. is from china. the reality is that we have a lot of land-side constraints in the u.s. supply chain, everything from distribution center capacity, truck capacity, chat chassis chassis availability, rigidity of port capacity. when there s not enough distribution center capacity, a container becomes a normal warehouse. so we have a slowdown as well on term malls, and that s really what has gummed up the supply chain. and it ll only fix itself when
May exports grow at double-digit pace, as compared to last year; Recovery can continue if there are no further lockdowns, says Greater China chief economist.
The ten countries in the Association of Southeast Asian Nations now comprise China’s largest trading partner, having surpassed the European Union in 2020. That high level of trade between ASEAN and Beijing is about to expand even more, as Ahadian Utama reports from Jakarta, Indonesia.