Freight

Freight forwarding companies in China are becoming increasingly optimistic about the global financial crisis. Import demand in China, worldwide, an important factor in recent decades, China's exports have grown at a rapid pace. This has made China's position as the world's largest exporter in 2009. Despite a significant drop in demand for imports from China in 2008 and 2009, when recession and credit crisis has resulted in less disposable income for many consumers in key markets to imports from China such as the U.S. and Britain, the outlook positive, as it is now reasonable to begin to show signs of recovery in major export markets of China Markets. It is expected that China can export its position as world leader, and again that the task for the international freight traffic will at the same time to recover.

After a decline around 20%, the quantities of goods imported into China, sent abroad by companies in 2009, the market will probably grow by around 10% in 2010, so that all ships and freight companies are struggling to maintain profitability should calm down during the economic decline. It will also convince the Chinese government is very strong measures taken in recent years sought to protect Chinese import company, facing a drop-off in orders, which in some places of China and the mounting deaths led to unemployment, can cause various social trouble.

In Guangdong province, there were so many instances of factories have been closed without paying their employees, with no other employees to resign and claim payment, the employer was insolvent.

The problems have been delayed by a few U.S. retailers pay for their imported goods deteriorate China, for example, must pay about 120 days instead of the usual 30 to 45. This means that their suppliers must borrow the difference, and for many this has not been possible, so that companies have failed with a slap on effect for companies in the freight transport and freight.

Victor Fung, chairman of Li & Fung Group, Supply Chain Management Group, the factories in China, combined with reailers in the U.S. and Europe to ask China imported in 2009 had said: "Trade Finance collapse. We have orders, we can not deliver right now. "It is clear to see that the effect was that many large international companies, such as freight and shipping companies.

During the recession has been to negotiate Logistics Managers can often significant discounts with shipping companies have so few boats left port in China with large-capacity still available.

The decline in import demand in China was not consistent in all sectors. Consumer electronics manufacturers have been among the hardest hit with a huge drop in demand for mini-HI-Fi equipment.

Contributing to the problems that the Chinese government has developed a series of measures to survive, businesses, a slowdown in demand imposed. These have included the instructions issued by state banks to lend more money to small and medium-sized exporters, support letters of credit and a restoration of export tax benefits for the textile industry. Moreover, it has stopped raising the minimum wage again to help employers weather the downturn.

One of the factors that could negatively on imports of China trade policies of other developed nations and increased protectionism begun.

But the strong measures taken by the Chinese government to try to minimize the effects of the slowdown and the economies of the world is slowly improving, the outlook for trade with foreign countries are now looking more positive. This is a good omen for the future development and the strength of freight and international freight transport in China.