Firstly the timing, this year New Year’s Day (2018) falls on Friday February 16 and, whilst the holiday officially lasts only 5 days the party lasts until March 2, and with many companies allowing leave prior to the official date to let staff reach far away home towns, that can mean a complete shutdown of suppliers for up to 3 weeks!
John Good points out factories close early as their production runs cease, ships are often over booked in the last minute rush to export before the closure, and shipping companies change itineraries as a result of the turmoil. So prepare for a month of aggravation as we move into the Year of the Dog.
Get orders for goods and space booked well before the end of January or risk disappointment, shipping offices in the Peoples Republic will be closed at odd times and watch out for such things as inflated shipping rates, particularly in the air freight sector as space tightens.
To read the John Good blog and get the full lowdown on the situation use this link.
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