US Services Sector Growth Slows but Remains Strong in September

US Services Sector Growth Slows but Remains Strong in September

The U.S. ISM Non-Manufacturing Index (NMI) registered 58.6 in September, according to the Institute for Supply Management. While slightly lower than August, the NMI remains well above the 50 threshold, indicating continued expansion in the non-manufacturing sector. This sector has now experienced growth for 56 consecutive months, providing significant support to the U.S. economy. It's important to monitor the impact of global economic uncertainties on the future development of the non-manufacturing sector.

Powell Accuses Trump Administration of Undermining Fed Independence

Powell Accuses Trump Administration of Undermining Fed Independence

Powell stated that the Trump administration threatened to interfere with the Federal Reserve's monetary policy, raising concerns about its independence. Political interference could undermine economic stability. The alleged threats highlight the importance of maintaining the Fed's autonomy to ensure unbiased and effective monetary policy decisions. Preserving the central bank's independence is crucial for fostering long-term economic health and stability, shielding it from short-term political pressures that could negatively impact the economy.

US Trade War Tariffs Cause Significant Economic Harm

US Trade War Tariffs Cause Significant Economic Harm

This report analyzes the negative economic impact of US tariff policies, highlighting how tariffs increase costs for businesses and consumers, disrupt supply chains, and amplify uncertainty. Based on data from the 'Tariffs Hurt the Heartland' organization, the report quantifies the actual damage inflicted on the US economy by these tariffs. It also offers strategies for businesses to cope with the situation and provides policy recommendations to mitigate the adverse effects of tariffs.

US Businesses Consumers Hit Hard by Trade War Tariffs

US Businesses Consumers Hit Hard by Trade War Tariffs

The "Tariffs Damage America's Heartland" report reveals that the trade war has cost U.S. consumers and businesses an additional $38 billion in tariffs. Tariffs not only increase prices and hurt exports, but also lead to supply chain reshaping and investment decision disruptions. Experts call for resolving trade disputes through dialogue and negotiation to maintain global economic stability. The report highlights the significant economic costs and negative consequences of the trade war on the American economy.

Guide to Streamlining Food Logistics for Shanghai Trade Shows

Guide to Streamlining Food Logistics for Shanghai Trade Shows

This article focuses on the demand for full container load (FCL) sea freight of food within Shanghai, especially exhibition logistics for events like the Asian Logistics Exhibition in Shanghai. It emphasizes the importance of timeliness and safety. The recommendation is to plan in advance and select a reliable logistics service provider to ensure that food arrives at the exhibition site on time and safely. Proper planning and a trustworthy partner are crucial for successful food transportation to exhibitions.

08/21/2025 Logistics
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Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk Opens Largest Southeast Asia Logistics Hub in Philippines

Maersk has opened its largest distribution center in the Philippines, named 'Optimus.' Covering 100,000 square meters, it aims to be a logistics hub for Southern Luzon. Equipped with advanced technology, the center supports multiple industries and is committed to sustainability. Optimus will enhance the Philippines' import and export operations, fostering local economic growth. This strategic investment by Maersk underscores the Philippines' growing importance in the global supply chain and its potential as a key player in Southeast Asian logistics.

11/03/2025 Logistics
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Lanzhou South Asia International Freight Train Launches: Opening a New Economic Corridor

Lanzhou South Asia International Freight Train Launches: Opening a New Economic Corridor

On May 11, 2023, Lanzhou launched the 'Lanzhou Line' for international freight rail and road transport to South Asia. This new route tightly connects Lanzhou with South Asian countries, promoting local economic development and enhancing Sino-Nepalese relations. As a vital logistics hub, Lanzhou's strategic advantage under the Belt and Road Initiative is significantly elevated. The market recognition is gradually increasing, and it is expected to bring economic development opportunities to multiple regions in the future.

05/11/2023 Logistics
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Significant Improvement in Efficiency of Chongqing's China-europe Railway Express (yuxinou), Promoting Regional Logistics Development

Significant Improvement in Efficiency of Chongqing's China-europe Railway Express (yuxinou), Promoting Regional Logistics Development

The China-Europe Railway Express (Chongqing-Xinjiang-Europe) has reduced its transit time to 13 days, attracting participation from Southeast Asian and European countries and significantly improving regional logistics efficiency. This railway route facilitates faster transportation of goods from the Yangtze River Delta and Pearl River Delta to Europe via Chongqing, enhancing trade convenience. The Chongqing authorities plan to strengthen logistics infrastructure cooperation with countries along the route, expand sourcing regions, and develop modern logistics parks.

07/21/2025 Logistics
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ADB and WTO Partner to Enhance Global Trade Facilitation

ADB and WTO Partner to Enhance Global Trade Facilitation

The President of the Asian Development Bank (ADB) visited the World Customs Organization (WCO) headquarters, engaging in in-depth discussions on the global economic situation, Sustainable Development Goals, international technical issues, regional integration, and the current trade environment. Both parties pledged to deepen cooperation to jointly address global trade challenges and promote trade facilitation. The discussions highlighted the importance of collaboration between the ADB and WCO in navigating the evolving global trade landscape and fostering sustainable economic growth.

Lazada Tackles Tech Hurdles in Southeast Asia Ecommerce Push

Lazada Tackles Tech Hurdles in Southeast Asia Ecommerce Push

This paper delves into the opportunities and challenges faced by Lazada in the Southeast Asian e-commerce market. It focuses on analyzing its technical shortcomings in areas such as backend operations, product categorization, SKU design, and response speed. Corresponding improvement suggestions are proposed. Lazada needs to prioritize technology investment and optimize user experience. Sellers need to understand the platform's characteristics and develop reasonable strategies. Addressing these technical limitations is crucial for Lazada's continued success and competitiveness in the region.