World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Shipper Sees China Challenges
Keywords:
Soren Skou, the head of the container division of Demark shipping line A.P. Moller Maersk A/S, says the volumes worldwide are expected to increase by 4% in 2012 over the prior year, compared to the 7% increase in 2011. This reflects the deteriorating conditions especially in Europe for goods from China. China is also losing competitiveness in relation to countries like Vietnam and Bangladesh for shoes, toys and labor intensive goods. Tim Smith, Maersk's head for the North Asian region, says the container shipping industry will see annual growth slow from double digit increases to somewhere between 5 to 7%.
Maersk
02/22/2011
Container shipping company based in Denmark
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Maersk Line CEO: We Misjudged Container-Shipping Demand
Wall Street Journal 09/26/2013
Maersk Raises Outlook on Strong Performance of Shipping Unit
Wall Street Journal 08/20/2014
New York Times 10/03/2014
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
Maersk CEO Predicts Big Squeeze for Small Container-Ship Operators
Wall Street Journal 06/06/2015
Maersk management
05/12/2011
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Maersk Line CEO: We Misjudged Container-Shipping Demand
Wall Street Journal 09/26/2013
Maersk Raises Outlook on Strong Performance of Shipping Unit
Wall Street Journal 08/20/2014
New York Times 10/03/2014
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
Maersk CEO Predicts Big Squeeze for Small Container-Ship Operators
Wall Street Journal 06/06/2015
Changes in China's export driven economy
11/08/2007
China's policymakers are shifting the economy from a manufacturer of low cost goods by increasing worker protections, wages and environmental controls towards more innovation and technology added product which are made respecting workers and the environment. Inflation and the stronger yuan are speeding up this shift.
Grouped Articles
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Wall Street Journal 05/29/2010
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
Robots May Revolutionize China's Electronics Manufacturing
Wall Street Journal 09/24/2013
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/2014
China wage increases and government policy to promote domestic consumption.
01/05/2008
Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.
Grouped Articles
Beijing Signals a Shift on Economic Policy
New York Times 05/24/2013
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/2010
Interview With Japan Foreign Minister Katsuya Okada
Wall Street Journal 09/02/2010
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/2014
China Will Keep Growing. Just Ask the Soviets.
New York Times 10/24/2014
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/2014
The global shipping industry
02/04/2011
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
The Underwater Adventures of the Baltic Dry
Wall Street Journal 02/04/2011
Wall Street Journal 05/17/2012
Wall Street Journal 08/30/2012
China's excess capacity in shipping and aluminium and how it affects Cosco and Chinalco
09/01/2011
Grouped Articles
In China, Beijing Fights Losing Battle to Rein In Factory Production
Wall Street Journal 07/16/2014
Chinese Steel Expert- N Way Out for Mills Caught in Crackdown
Wall Street Journal 07/16/2014
Pain Spreads From China’s Excess Production
Wall Street Journal 07/16/2014
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
Wall Street Journal 09/01/2011
In China, Some Firms Defy Business Norms
Wall Street Journal 09/06/2011
Maersk financial performance- 2011-2015
05/12/2011
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Maersk Line CEO: We Misjudged Container-Shipping Demand
Wall Street Journal 09/26/2013
Maersk Raises Outlook on Strong Performance of Shipping Unit
Wall Street Journal 08/20/2014
New York Times 10/03/2014
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
Maersk CEO Predicts Big Squeeze for Small Container-Ship Operators
Wall Street Journal 06/06/2015
Maersk strategies
05/12/2011
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Maersk Line CEO: We Misjudged Container-Shipping Demand
Wall Street Journal 09/26/2013
Maersk Raises Outlook on Strong Performance of Shipping Unit
Wall Street Journal 08/20/2014
New York Times 10/03/2014
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
Maersk CEO Predicts Big Squeeze for Small Container-Ship Operators
Wall Street Journal 06/06/2015
China's policy shift to a less export dependent economy.
05/29/2010
Grouped Articles
How China Lost Its Mojo: One Town's Story
Wall Street Journal 09/16/2013
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/2014
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
U.S. Apparel Retailers Turn Their Gaze Beyond China
Wall Street Journal 06/15/2010
Gadget Giant's Evolution: Make, Then Sell
Wall Street Journal 08/21/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
Coal stockpiles in key storage areas and electricity production data from provinces show steeper decline in China's growth in 2012
06/22/2012
Problems with data on electricity production from the provinces with local officials misrepresenting the true picture. Electricity production and consumption provides a guage for economic activity levels in China because of poor statistical data.
Grouped Articles
Wall Street Journal 05/23/2013
Wall Street Journal 06/19/2013
Chinese debt: The great hole of China
Economist 10/17/2014
For All Its Heft, China’s Economy Is a Black Box
Wall Street Journal 08/25/2015
Chinese Data Said to Be Manipulated, Understating Slowdown
New York Times 06/22/2012
China Digs Into Its Pro-Growth Toolbox
Wall Street Journal 07/12/2012
China's shipping industry
09/06/2011
Grouped Articles
Shippers Struggle With Overcapacity, Sinking Rates
Wall Street Journal 05/04/2013
Baltic Dry Freight Index Plummets Amid Commodities Slump
Wall Street Journal 02/06/2015
In China, Some Firms Defy Business Norms
Wall Street Journal 09/06/2011
Wall Street Journal 08/30/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us