In April 2022, the Ningbo Containerized Freight Index, NCFI of the Maritime Silk Road Index (www.msri.cn) released by Ningbo Shipping Exchange (www.nbse.net.cn) averaged 3427.6 points, down 6.8% from the previous month and up 46.2%
Chinese yuan has reversed its continuous strong trend and depreciated significantly against the US dollar. Both onshore and offshore yuan , breached the key 6.55 per US dollar, touching their weakest levels since April 2021.
