date:Jun 28, 2016
incremental consumer spend, Conroy said.
However, he said the smaller Middle East trade lane grew by 10 percent. This is largely related to a local sourcing change, where more retail products are being sourced from the Middle East and less from Asia.
Fruit exports
Maersk said earlier this year that the drought would lead to a dip in fruit exports from South Africa because of reduced production of citrus, apples and pears.
Despite ongoing stimuli from the Chinese authorities, the Chinese econo