article thumbnail

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

Bangladesh-China-India-Myanmar. The routes they build within their country, he notes, are greatly needed to transport goods domestically. Of course, there are other issues, such as currency devaluation,” he adds. The plan consists of six economic corridors: • China-Mongolia-Russia. Eurasian Land Bridge. China-Pakistan.

China 73
article thumbnail

Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

Noted in the report was that the February index drop “ was entirely driven by the largest economy of the single currency union, Germany, which registered its sharpest deterioration in four months.” This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam.