China's import story

Hernan Corp Sdn Bhd has experienced a 55% increase in durian exports in the first half of 2024, driven by strategic initiatives aimed at enhancing customer relationships and production efficiency. However, the company faces challenges from rising operational costs and the impacts of global warming on harvest stability. Meanwhile, the offshore yuan in Hong Kong has fluctuated significantly, strengthening against the U.S. dollar before slightly weakening, prompting concerns among Chinese exporters about profit margins. China's imports for June exceeded predictions, particularly in iron ore and coal, despite weaker demand for oil and copper, indicating a complex economic landscape. In this context, the Global Navigator Series on August 12 aims to provide businesses with insights on navigating the Chinese market, fostering networking opportunities. Additionally, experts emphasize the geopolitical implications of China's resource strategies, particularly in Africa, as countries vie for control over dwindling non-renewable resources.