Chinese new year challenge the traders

Capt. John

By now, anyone doing business in the Asia markets is well into planning how the continuity of trade will work during the Chinese New Year (CNY) when virtually all business in China, including factories, closes down from one to four weeks. In 2019 CNY will begin on February 5.

All suppliers will start to wind down operations one to two weeks in advance of the holiday. Mass production ceases, even for sample orders, far earlier than many buyers anticipate. Customarily, the Chinese people travel...

http://container-news.com/chinese-new-year-challenge-traders/

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