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Score One for the Port of Dalian!
Score One for the Port of Dalian!
July 7, 2007
The port of Dalian (China's 7th largest) in the northeast corner of China just got a boost. On Thursday, the Dayaowan Bonded Harbor Area was awarded a tax-exempt status meaning that tariffs for foreign and domestic goods would be removed or lowered. This change is expected to increase the port's efficiency by 20% as it comes fully online. Dalian's close proximity to both the Korean peninsula and Japan mean that managing logistics between these countries will be getting easier (and cheaper!). See the full story.
Posted by Andy Mulkerin on July 7, 2007 | Comments (0)
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