article thumbnail

China Flexes Its Global Logistics Muscle

Material Handling & Logistics

China-Pakistan. 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 to Central Asia and Western Asia.

China 73
article thumbnail

Supply Chain Leadership Series III: Andrew Olah – Changing the Denim Industry One Brand at a Time

NC State SCRC

That is where most of the business goes today – Bangladesh and Pakistan. Some of these include the following: Currency is one of the most difficult problems. Each country has their own machinery, and all exports involve some form of currency hedging, because there are so many cross-border trades.

article thumbnail

China’s Historic Silk Road is Resurrected from the Rubble

Elementum

Massive changes in technology, transportation, and power dynamics over the centuries, led to the eventual abandonment of the road. more banks carrying the Chinese yuan and easier currency conversion). The road not only paved the way for trade among these civilizations to flourish — it also served as a medium for cultural exchange.

Sri Lanka 104