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Showing research about China

20210908-greif-seasonal-600x403

Greif raises prices, boosts imports in packaging expansion

Greif, a packaging company, released FQ3 earnings covering the three months to July 31. The firm reported a 37.7% year-over-year increase in revenues that surpassed analyst expectations by 7.4%, while Panjiva data associated with the firm showed a 112.2% year-over-year increase in volumes. The... Read more →

20210908-semis-macro-600x403

GM nearshoring, still faces chip-related closures

General Motors has announced the closure of their factories in North America due to a shortage of chips, following the same issues from Toyota and Nissan in recent months. This comes even as imports of semiconductors to the U.S. have risen by 51.4% year over year in the second quarter, but lik... Read more →

20210901-bjs-seasonal-600x403

BJ’s Wholesale covers inflation with aggressive cost-cutting

BJ’s Wholesale Club, a bulk retailer, reported 5.6% year over year growth in FQ2 revenues that passed analyst expectations by 10.0%. Corresponding Panjiva data for that period shows that imports associated with the firm increased by 50.2% year over year or 18.0% against 2019. CEO Robert Eddy n... Read more →

20210825-retail-sales-600x404

Walmart takes control of shipping to meet retail demand

U.S. retail sales grew by 13.9% in July estimates, continuing a long string of growth that is tapering off. Some of this may be driven by a slowdown in non-store retail that only grew by 3.7%, potentially indicating that e-commerce is hitting headwinds, while imports of consumer discretionary ... Read more →

20210825-solar-countries-1-600x401

LONGi, JinkoSolar power imports despite safeguards

The U.S. International Trade Commission is starting a review of solar panel safeguard duties under Section 201. This a scheduled review as part of the safeguard duty process every five years. U.S. import data shows that the safeguards have not been particularly effective in decreasing imports,... Read more →

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