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China's busiest ports not looking very busy, and this is despite their talks of increases in economic activity.
"These are just 3-4 month leading indicators on US consumer
7 of the 10 biggest container ports in the world are in China. Multiple stops.
Textiles could move out of China fast, and a lot have. Harder goods and electronics ain't moving as much, not on net.
A good friend of mine has been an international freight forwarding exec for 20+ years.
Historically, if you wanted to know how big US retailers (who have very good inventory systems) are feeling about sales 2-3 months from now, just look at Chinese ports (esp. in peak season.)" -
(Allegedly)
I'm just keeping this as a reminder of the world we live in.
Rea. . x
This is damming and needs to be kept off line for safe keeping!
Starmer (UK PM) has pretty much done all he was told to do by King Charles inside a year.
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