INDUSTRY BRIEF: China shipping rates plummet from recent highs
Freight charges for shipping products from China have tumbled from highs in July, as demand for Chinese exports slows, Caixin reported on Wednesday. The benchmark rate for shipments to North…
Cango reduces risks at home, looks overseas for new opportunities
The car-trading company’s revenue plunged in the first quarter as it put the brakes on its self-operated business and launched a new cross-border platform Key Takeaways: Cango’s revenue has fallen…
