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China’s port cargo to rise 3.4% in 2024 amid economic recovery

China’s cargo throughput at ports is projected to grow 3.4 per cent year-on-year to 17.5 billion tonnes in 2024, with foreign trade cargo rising by 7 per cent, reflecting economic recovery.
The railway network now spans 160,000 km, including 46,000 km of high-speed rail.
Transport sector fixed-asset investment is set to reach 3.8 trillion yuan, boosting infrastructure.Read More

27.12.2024Comments Off,
Egypt maintains its position in US apparel market with 1.46% share

Egypt is emerging as a key player in the African garment export market, achieving $2.27 billion in apparel exports during January–October 2024, a 17 per cent growth year-on-year.
The US, its largest market, imported $1.031 billion, accounting for 1.46 per cent of total US imports.
Egypt consistently ranks as the 16th-largest US supplier, maintaining steady market share growth over recent years.Read More

27.12.2024Comments Off,
Unlocking domestic demand key to reviving China’s growth: World Bank

The World Bank has called for enhancing economic mobility in China as it can help bridge rural-urban divides, reduce income inequality and unlock more consumption—a key pillar for rebalancing the economy toward more sustainable, domestic demand-driven growth.
Structural constraints include low consumption, high debt levels among property developers and local governments, and an ageing population.Read More

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