Tanzania‐China $31bn Logistics Centre Finally Unveiled

The government of Tanzania has provided some Tshs 53 billion ($31.8 million) to compensate residents of Kurasini as part of its role in facilitating the construction of the long awaited Tanzania‐China Logistics Centre. The project itself will include the construction of a modern trade hub in about 60.4 hectares in Kurasini, thus producing what is[…]

Chinese Investment Washes Up At Port Of Los Angeles

As cargo volumes increase at the Port of Los Angeles, Chinese shipping firms are investing in nearby logistics companies to secure their global supply chains through the city’s seaports, the United States’ gateway for Asian goods. Since 1961, family-owned Carmichael International Service helped Asian companies bring their products, from shoes to footrests, into the U.S. But[…]