Exports by shipyards in three countries tracked by Panjiva climbed 87% on a year earlier in July to reach more than $8.5 billion. That was the fifth straight month of growth, and brings the annualized total back to levels seen in November. It is not necessarily a sign of sustainable growth though. South Korea led with a 3x expansion in exports. That’s a result of rising orders supported by state finance. Chinese exports slumped 29% and new orders have continued to slide, but the government now appears to be stepping in to support CSIC. Japanese exports look healthier, having now risen by...
Supply Chain Research
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