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The US 301 Investigation of Chinas Shipbuilding Industry Triggers the Defense of the China Council for the Promotion of International Trade

2024-04-23

The Office of the United States Trade Representative launched a 301 investigation into Chinas maritime, logistics, and shipbuilding industries. The China Council for the Promotion of International Trade responded that it will defend through legal channels. The Sino - US trade friction has intensified, affecting the global trade environment.

Shanghais exports to Russia decline as Central Asian trade relations diversify

2024-04-22

In March 2024, Shanghais exports to Russia plummeted by 21.7% year-on-year due to international sanctions, while imports from Russia grew by 9.79%. Meanwhile, trade performance with Central Asian countries varied, influenced by geopolitics and market demand.

Bidens new tough strategy towards China triggers Sino - US trade disputes!

2024-04-22

Recently, the Biden administration has issued multiple negative signals, including raising tariffs on Chinese steel and aluminum products and strengthening economic sanctions against China. These measures could lead to serious political and economic consequences, further escalating trade tensions between the two nations.

The 10th Anniversary of the China - Switzerland FTA: Promoting Trade Growth and Cooperation Opportunities

2024-04-22

The China - Switzerland Free Trade Agreement - 2023 Academic Evaluation Report shows that since the agreement came into effect, trade and investment between the two countries have increased significantly, especially in the fields of pharmaceuticals, medical devices and IT products. It also points out the changes in the utilization rate of the FTA and future cooperation opportunities.

New US - UK Sanctions on Russian Metal Trade

2024-04-15

Since April 13, 2024, the US and the UK have implemented new sanctions, banning the import of aluminum, copper, and nickel produced in Russia and restricting the use of these metals on metal exchanges. This move aims to weaken Russias revenue and may lead to supply shortages and price fluctuations in the global metal market, prompting companies to re - evaluate their supply chains.

The Profound Impact of the EU Wine Industry on the Economy and Society

2024-04-12

The latest report from PwC points out that the EU wine industry holds a leading position in the global market. In 2022, its production volume reached 165 million hectoliters, with a market value exceeding 100.3 billion euros, making a significant contribution to GDP. The industry also makes a prominent contribution to employment, benefits the tourism industry, and helps reduce the trade deficit.

South Koreas Subtle Role in the US - China Semiconductor Dispute

2024-04-11

Against the backdrop of the intensifying Sino - US technological competition, South Korea, as an important country in the semiconductor industry, faces a dilemma. As an ally of the United States, South Korea needs to cooperate with the US in implementing export controls on China; however, as a major trading partner of China, excessive restrictions may also harm its own interests. The South Korean government is striving to strike a balance, on the one hand, complying with international rules, and on the other hand, actively coordinating with all parties to safeguard its core interests.

India and Vietnam: Challenges and Opportunities in the Global Manufacturing Competition

2024-04-10

India and Vietnam, as emerging forces in global manufacturing, face different challenges and opportunities. Vietnam has a first-mover advantage in the electronics manufacturing sector, while India needs to reduce import tariffs and improve infrastructure to enhance its competitiveness in global manufacturing.

The Impact of Strengthened US Review on Chinese E - commerce Platforms Temu and Shein

2024-04-09

The US Department of Homeland Security announced stricter inspections of low - value packages, affecting Chinese e - commerce giants Temu and Shein. This move aims to crack down on small - value exemption shipments, may change the export strategies of e - commerce platforms, and at the same time trigger a review of global e - commerce tax policies.

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