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Of all Asian countries, the People's Republic of China is becoming the most influential international economic player. In 2019, imports from the United States to Asian countries were worth a total of $ 1 trillion, 42% of which went to China.
US-China relations are widely recognized as being highly complex. Both countries are global superpowers between which political and economic friction is always present.
In terms of international trade volume, China and the USA play a key role in each other's economies. In 2019, trade between the two economies decreased by 14.6% and amounted to $ 541.22 billion. It is indicative that China remains the largest holder of US debt, which amounted to $ 1,138.9 billion in 2018.
A significant portion of Chinese sea freight traffic passes through the ports of Shenzhen, Qingdao, Ningbo, Xiamen, and Shanghai, where an AsstrA office is located. Turnover from freight flows between Asia and the USA, where the company also has an office, has grown by 90% over the past 3 years. The AsstrA international corporate group organizes air transportation through the airports of Pudong, Beijing, Shenzhen, Guangzhou, and Hong Kong. Customers can take advantage of AsstrA’s door-to-door solutions, speed, and reliability.
“Asian and North American markets, especially those of China and the United States, are interdependent. Given the impact of the COVID-19 pandemic, China and the United States depend on each other more than ever and are working to develop relations. China is the world's most populous country and its second largest economy. China continues to have significant import/export potential, even with today's challenging realities.
AsstrA's presence on both sides of the Pacific Ocean is a natural extension of the company's strategic goals to strengthen competencies in intercontinental trade. AsstrA customers can take advantage of a full range of logistics services, including in particular FCL air and sea transportation for general, hazardous, and expensive cargo.
AsstrA's experienced teams in the US and China are familiar with each market's local business practices. Thanks to our well developed agent network, our customers receive a variety of delivery options and door-to-door logistics services tailored to this transport corridor.
We plan, of course, to continue networking with our partners in the United states and grow our volume of shipments between Asia and the United States. We will be ready to talk business in our office in New York or Shanghai!" says Vyacheslav Gural, AsstrA Asia Regional Director.