Livingston International, a customs broker and trade-compliance company, has expanded operations in Asia with the offering of a suite of global trade management (GTM) services in Taiwan, and an expanded presence in China.
Intra-Asia trade will increasingly benefit from the rapid growth of consumption in Asia as a higher percentage of cargo is shipped to end markets within the region versus destinations in other parts of the world, according to Rajiv Biswas, Asia Pacific Chief Economist, IHS Global Insight.
This election season, we've heard Republican and Democratic presidential candidates alike decry international trade deals for sending manufacturing jobs overseas. And candidates have vowed to bring the jobs back. Some factory work is indeed returning from offshore, a movement known as "re-shoring."
Asia dominated global shopping-center development last year, claiming nine of the 10 busiest global markets for retail construction, according to a report released by CBRE Group, Inc. Overall, global retail space under development increased last year to 451 million square feet from 420 million in 2014.