China stimulus boosts ports
by
Hui Ching-hoo, Hong Kong
—
last modified
Jun 19, 2009 03:34 PM
CHINESE ports have seen a significant rebound in cargo volumes for three consecutive months since March as a result of the country’s stimulus package.
An official paper from the Ministry of Transport said cargo throughput at China ports had increased 5% year on year to 546m tonnes in May.
Meanwhile, export and domestic cargo throughput rose 4.7% and 5.1% to 182m tonnes and...
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