The government of Guangxi Zhuang may include a free trade area as part of the logistics developments being made by Pacific International. The investment will total 10 billion yuan ($1.6 billion) and will help local economic development. Exports from the province surged 23% higher in the 12 months to November 30. While better than the national average that only returned shipments to 8% above 2015 level. The province’s export growth was led by seaborne shipments to the U.S. (25% of the total) which surged 93% due to higher sales of telecoms network equipment. The development should help PI...
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