Caixin
Jul 06, 2022 08:24 PM
BUSINESS

Fewer Trucks on China’s Highways as Storms, Covid Disrupt Recovery

In the week ending July 3, an average of 6.98 million trucks were running on China’s highways every day, according to Caixin calculations based on the Ministry of Transport data. Photo: IC Photo
In the week ending July 3, an average of 6.98 million trucks were running on China’s highways every day, according to Caixin calculations based on the Ministry of Transport data. Photo: IC Photo

China’s road freight volume dropped at the start of this month as extreme weather and fresh Covid flare-ups threw up roadblocks to an industry already hit by earlier virus outbreaks, and as weak consumer confidence dragged on goods demand.

In the week ending July 3, an average of 6.98 million trucks were running on China’s highways every day, according to Caixin calculations based on the Ministry of Transport data. That was the first time in a month that the figure dipped under 7 million, after rising from 6.48 million in the week ending June 5 to hit 7.01 million in the week ending June 26.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin China Biz Roundup: New ‘Langya’ Virus Detected in China
00:00
00:00/00:00