Beijing Aid Props up China Logistics Sector

China’s logistics sector is picking itself up again after a severe Covid-19 wave and the ensuing lockdowns that devastated the economy as the Chinese government steps up efforts to boost support for the sector, People’s Daily reported.

China’s logistics performance index, which tracks business volume, new orders, employment, inventory turnovers, and equipment utility rates in the sector, came in at 49.3% last month, up 5.5 percentage points from the previous month, the report said, citing data from the China Federation of Logistics and Purchasing (CFLP).

Read the full report: People’s Daily.

China’s Military Logistics System Apes US Transcom – SCMP

China’s Lockdowns Worsen Logistics Woes for US Firms – WSJ

China’s JD Logistics Plans to Raise $1.1bn in Share Sale

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.