Cooling demand increases warehousing vacancies, with rents inching down
Cooling demand has ended the long run of increasing warehousing costs and nudged the average ...
Vietnam could be one of the core beneficiaries of the China-US stand-off, at least according to this piece in Newsweek. The report claims that Q1 imports from Vietnam into the US rose more than 40%. The speed of growth has been so sharp, the South-east Asian country could soon overtake the UK as the the US’s seventh-largest supplier. Similarly buoyed by trade tensions is South Korea, which recorded an 18.4% uptick in US imports over the three months to April. At the same time, China witnessed a steep drop-off in US demand, with imports down 13.9%.
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