Blog-Hongdex_specialize international shipping services

Can the declining world's third largest port regain its glory?

Hongde Dynamic

Export knowledge

Home page

Sep 07,2023

Kaohsiung Port in Taiwan, China, has an excellent geographical location and operational efficiency. It was the third largest container port in the world in 1985 and the third largest container port in the world for seven consecutive years from 1993 to 1999. After that, it retreated steadily and ranked 18th in the world last year.

Nearly a hundred billion dollars a year! "Zero dollar purchases" hit U.S. retailers hard! "Closed shop tide", "bankruptcy tide" is coming?

Sep 07,2023

With the "zero dollar purchase" becoming a social problem in the United States, these organized robberies are causing damage to business operations.

Focus! Thousands of orders were washed away! South Korea a chain reaction that affects not just the aquaculture industry

Sep 06,2023

Japan began to discharge nuclear sewage on August 24. It's been 12 days today. In addition to China's ban on Japanese aquatic products, other countries also have their own reactions.

Exports doubled! Will this country's clothing exports become the world's first?

Sep 06,2023

In the context of the continued conflict between Russia and Ukraine, the tightening of the international financial environment, the weakening of terminal demand in the major developed economies of the United States and Europe, and stubborn inflation, the global economic growth has slowed down significantly, and the improvement of trade has become more weak. Some changes have taken place in the performance.

The central bank zooms in and the exchange rate soars!

Sep 05,2023

After the recent RMB exchange rate fell below the 7.3 mark, the central bank stepped in! On September 1, the central bank announced that in order to improve the ability of financial institutions to use foreign exchange funds, the people's Bank of China decided to reduce the foreign exchange deposit reserve ratio of financial institutions by 2 percentage points from September 15, that is, the foreign exchange deposit reserve ratio will be reduced from the current 6% to 4%.

Thunder again! United States: China's goods here, a total ban on imports! Which industries are most affected?

Sep 05,2023

According to U.S. Customs and Border Protection, about 27 percent of shoes and clothing collected by U.S. Customs and Border Protection in May were found to be related to cotton from China's Xinjiang region, where the United States had banned imports of products from the region on the grounds of forced labor and required them to be removed from the supply chain.

Who took the order? After six months of continuous decline, Vietnam's exports continued to decline in August! The largest shoe companies began the third layoffs this year!

Sep 04,2023

Recently, everyone is asking where the order went. Did you go to Vietnam? The Vietnamese official sent a message, not with me!

Sudden! Lin Chaban port container burst explosion fire! It's dangerous goods again!?

Sep 04,2023

According to Thai media, at about 11:00 on August 29, a fire accident occurred in a container at the port of Linchaban, Chonburi Province, Thailand, which then caused an explosion. After about 30 minutes of emergency fighting, firefighters successfully put out the fire.

Successful decoupling of the United States? US expert report: impossible! Inability to reduce dependence on Chinese supply chains

Sep 02,2023

The US government has been clamoring for "decoupling" from China since 2018, but a recent report by two US economists questioned it. The report argues that the United States may ultimately fail to reduce its dependence on Chinese supply chains.