Subscribe to RSS feedChina cargo volumes up to pre-crash levels again
by
Hui Ching-hoo, Hong Kong
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last modified
Nov 13, 2009 09:22 AM
CARGO throughput at China’s major ports has recovered to a similar level before last year’s global financial crisis thanks to China’s Yuan4,000bn (US$588bn) economic stimulus package, the Ministry of Transport said.
China’s ports saw cargo volumes rise 14.9% year on year to a total of 610m tonnes in September. This rebound boosted total cargo throughput for the first nine months of this year to 5.1bn tonnes, equal to a year-on-year increase...
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