The China Federation of Logistics and Purchasing released its August logistics
business climate index, reporting demand remained in the expansion range and the
index rose further. The overall index was 50.9 in August, up 0.5 percentage
points month-on-month. Of 12 sub-indices, eight rose MoM. Business volume, new
orders and employment indices have stayed in expansion for several consecutive
months. By sector, business volume indices remained in expansion: rail 54.8,
road 54.5, air 51.0, postal/express 68.8 and multimodal transport 54.2.