Interview: Big data suggests there’s a trade war looming

Port of Los Angeles, in the US
Port of Los Angeles, in the US

One of the wonders of the modern, computerised world is the emergence of data science. Data science is, arguably, at the heart of most successful businesses today, and its favourite food is big data. 

For Panjiva, data science and big data enables it to keep track of virtually all goods moving from one country to another, with a particular emphasis on the US market.

But while it might sound straightforward to some, the actual collation and preparation of the data, and then the presentation of it, is not a simple process.  Continue reading Interview: Big data suggests there’s a trade war looming

China says its Belt & Road initiative is a way out of the global economic slump

China is planning to create what looks like will be the largest, longest and most complex logistics network in history – at a cost to itself of almost $1 trillion. 

The so-called Belt & Road Initiative will virtually encircle China, most of Asia and much of Europe, and will mostly consist of interconnected roads, but will also include sea lanes and railways, and possibly some airways.

In total, it will connect approximately 60 countries, and cost anything between $4 trillion and $8 trillion. And the timescale is anyone’s guess.

The northern parts of the Belt & Road network will include the revival of the ancient Silk Road, which connected China to Persia and the Mediterranean Sea to the north, and India, Indonesia and Arabia via sea lanes to the south.  Continue reading China says its Belt & Road initiative is a way out of the global economic slump