China has emerged as the biggest growth engine for UK exports in 2020, the latest sign of the importance of our economic ties with the world’s second-largest economy Analysis of the UK’s trade data for the first eight months of the year show that British goods exports to China rose by 10.7% compared with the same period in 2019, excluding volatile items such as crude oil and non-monetary gold. In …
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Supply chains have been severely disrupted by the Covid-19 virus, turning already complex logistics and payment structures into something of a minefield. Adnaan Mukta explains how The Covid-19 crisis has severely disrupted the supply chains of many UK businesses that depend on imports from China. The Bank of England reports that production stoppages in China have hit output in sectors ranging from car manufacturing to aerospace. Now more than ever, therefore, …
Up until the start of 2018, China was the world largest importer of waste. Around half of the world’s plastics, paper and metal wastes were shipped to China for repurposing and between 60 and 70 percent of waste from the UK. This all ended on January 1st, when China declared a ban on the import of most recycled waste, as part of a pledge to clean up polluting industries and …