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I think I don't understand this article. The container share graphic shows that Huayang market share is 2/3rds of traffic, but the numbers in all the rest of in
by hideo 8y ago
I think I don't understand this article. The container share graphic shows that Huayang market share is 2/3rds of traffic, but the numbers in all the rest of indicate that Huayang is a monopoly. 2/3rd is a lot but doesn't seem monopolistic to me.
It's also interesting that the article goes in depth with detail (because of data availability perhaps?) from the US side of the trade, but very light on detail (and full of implications) about stuff going on in the China side.
- ciscoriordan 8y agoThe first line of the article is: "Roughly 70 percent of all Chinese fireworks entering the United States come here under the control of a Chinese businessman who has used his influence to raise prices and block competitors, leaving many U.S. executives fearful of losing access to their most important Fourth of July inventories." The word "monopoly" doesn't appear anywhere in the article. The article's claim is that Mr. Ding is anticompetitive, not that he operates a monopoly.
- Kagerjay 8y agoI used panjvia before so i can shed some light on this. Im fairly well versed in international trade as well. US customs data is very reliable and standardized, however china export data is not. The public data by itself is useless though - theres 4 or 5 companies in america that process it in a usable BI type format. Panjvia is one of those companies.