- China's ports processed a record 7.3 million containers in the seven days through Sept. 20, up 9% from a year earlier, according to Ministry of Transport data.
- The record week occurred just before the planned summit between Presidents Donald Trump and Xi Jinping.
- Trade volumes in the first two weeks of September rose about 6%, extending recent rapid gains in exports and imports.
- The shipment surge reflects exporters rushing goods out of China ahead of the Trump-Xi summit and tariff uncertainty.
Quotes
“Chinese ports had their busiest week in history ahead of the approaching summit between Presidents Donald Trump and Xi Jinping”
“A record 7.3 million containers passed through Chinese terminals in the seven days through Sept. 20, an increase of 9% from a year ago, according to data released by the Ministry of Transport.”