Chinese exporters use overseas warehouses to mitigate rising shipping costs and container shortages.
Chinese exporters are turning to overseas warehouses to mitigate rising shipping costs and container shortages, amid price hikes by shipping giants Maersk, DHL, and Mediterranean Shipping Company. The expansion of overseas warehousing capabilities is expected to support China's export sector growth, with the Ministry of Commerce promoting private sector participation and a market-driven approach. Companies like Miracle Miles have experienced success through their own overseas warehouses, offering faster order processing and lower shipping rates.
July 05, 2024
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