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Tuesday, December 1, 2020

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  • Far East Maritime (2) (X)

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Pain of China factories to spread along supply chain

Posted to Far East Maritime (by Greg Knowler) on August 18, 2011

“Forget raising factory gate prices; manufacturers are lucky if they have new orders,” said a China cap making factory executive in a South China Morning Post report on how exporters were being squeezed. The strengthening yuan and slowing demand…

China buys Greece, adds it to growing country portfolio

Posted to Far East Maritime (by Greg Knowler) on June 17, 2010

No purchase price was given, but Chinese officials said they had paid “billions of dollars” for the debt-stricken Mediterranean country earlier this week. Okay, that’s not exactly how it went down, but it may as well have been. Bad jokes aside…