Tag: ningbo

U.S. Treasury Secretary Scott Bessent said his government is “very happy” with the current level of tariffs on China. The comments show that the Trump administration would like to maintain stability with Beijing, at least until the current trade truce expires in November. “I think right now the ...

The COVID lockdown that's causing a pileup of cargo vessels outside of the Port of Shanghai is now leading to shipping holdups all along China’s eastern seaboard. 477 ships, carrying everything from grain to metal ores are waiting all the way from Ningbo to the northern city of Tianjin. ...