Tuesday, August 25, 2009

China Economy: The Collapse of Manufacturing and the Baltic Dry Index (BDI) | Economic News | EconomyWatch.com

China Economy: The Collapse of Manufacturing and the Baltic Dry Index (BDI) | Economic News | EconomyWatch.com
Shanghai, 23 Feb 2009. In the summer of 2008, with trade and inflation both rampant, it cost on average $1,400 to transport a container from Asia to Europe. By January 2009, the price from China to Europe had collapsed to $0, excluding fuel and handling.

No comments: