
Chinese Port Activity Surges to Record After Trade Truce With US
Some 6.7 million standard containers were shipped domestically and internationally last week, the Ministry of Transport said on Tuesday. The almost 6% jump in traffic from the previous week came after a trade truce agreed with Washington earlier in June. In May, Chinese exports to the US fell the most since the early days of the pandemic.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
12 minutes ago
- Bloomberg
Hong Kong Taxis Are a Perfect Stablecoin Test Case
Asia's last bastion of Luddite resistance to modern payment technology is finally crumbling. From April 1, Hong Kong's cash-loving cabbies will be required to offer passengers at least two alternatives to banknotes. The drivers will be free to choose their digital-payment options. Most will probably install Octopus Holdings Ltd.'s readers, since Hong Kong residents use the ubiquitous stored-value card — or its app equivalent — on trains, buses and ferries anyway. The Octopus network can also be tapped by travelers from mainland China to pay via their Alipay and WeChat Pay accounts back home.


Bloomberg
12 minutes ago
- Bloomberg
From Singapore, CFOs Provide Candid Commentary on Sustainability
Cost concerns are becoming more pressing as Trump's trade war puts company finances under strain. Plus, CapitaLand Investment's Paul Tham talks about the firm's push into private credit. By Save Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I report from Singapore, where I spoke to finance chiefs about the outlook for sustainability. I also connected with CapitaLand Investment's CFO Paul Tham. But first, here's some other news that caught my eye:


CNN
26 minutes ago
- CNN
On GPS: Will Trump's tariffs help or hurt America?
Fareed discusses President Trump's sweeping new tariffs with Zanny Minton Beddoes, editor-in-chief of The Economist, and Oren Cass, founder and chief economist of the conservative think tank American Compass.