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Continued China-Europe ecommerce slump exposes shifting air cargo flows
Chinese low-value and ecommerce exports to the European Union fell 65% year-on-year in August, according to Trade and Transport Group managing director Frederic Horst, as the market continued to weaken following the EU’s introduction of a €3-per-item fee. The August decline followed a 54% fall in July. Exports to the UK also fell, although at a slower rate, down 13% in August and 5% in July. Avean Read full article →
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