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On Nov 10, Ningbo‑Zhoushan Port's annual container throughput surpassed 40 mln TEU, marking a second consecutive year above the 40 mln threshold after first crossing it in 2025; the milestone was reached 22 days earlier than last year. The port now r

2026-11-10

On Nov 10, Ningbo‑Zhoushan Port's annual container throughput surpassed 40 mln TEU, marking a second consecutive year above the 40 mln threshold after first crossing it in 2025; the milestone was reached 22 days earlier than last year. The port now runs over 310 container services, linking more than 700 ports across 200+ countries and regions, and ranks second globally on the port connectivity index.

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2026-11-10

At a Q3 2026 earnings briefing, Wang Li, acting general manager, said Kweichow Moutai is shifting to a consumer‑centred, demand‑driven distribution model and abandoning channel stockpiling via prepayments. Self‑operated channels now reach consumers d

At a Q3 2026 earnings briefing, Wang Li, acting general manager, said Kweichow Moutai is shifting to a consumer‑centred, demand‑driven distribution model and abandoning channel stockpiling via prepayments. Self‑operated channels now reach consumers directly and some social‑channel SKUs are sold on consignment (ownership not transferred), both of which do not generate advance receipts. The company has implemented a dynamic allocation model that assigns product by region and dealer based on sell‑through and inventory, and collects payment only immediately before allocation to preserve channel health. As market‑driven operations deepen, industry prepayment practices no longer reflect end‑consumer demand; advance‑receipt balances should not be treated as a primary supply‑demand indicator.
2026-11-10

U.S. strategic petroleum reserve crude oil inventories fell to 279.5 million barrels last week, the lowest level since 1982.

U.S. strategic petroleum reserve crude oil inventories fell to 279.5 million barrels last week, the lowest level since 1982.
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