New opportunities for air freight under geopolitical tensions: e-commerce drives growth!
May 16, 2024
Driven by e-commerce, the global air cargo market continues to show positive growth trends. However, geopolitical tensions, such as continued instability in the Red Sea, have forced several international shipping companies, including Maersk and others, to adjust routes, which, while increasing logistics costs, also bring new opportunities to some regions. Recently, due to the Red Sea region, the...
Chinas steel exports increased by 27% year-on-year, with strong competitiveness in the international market!
May 15, 2024
In the context of the complex supply and demand structure of the global steel market, Chinas steel exports continued to be active. According to Chinas customs statistics, Chinas steel export volume reached 3502.4 million tons in the four months before 2024, compared with a significant increase of 27%. Although exports in April decreased compared to March, it grew by 16.3% compared to the same period last year, showing Chinas steel in the international market.
The trade volume between China and India has surged: China has once again become Indias largest trading partner!
14 May 2024
根據印度智庫“全球貿易研究計劃”最近發布的數據，2023—2024財年中，中印貿易額達到1184億美元，使得中國超越美國，重新成為印度的最大貿易伙伴。這一數據反映了兩國經濟往來的深化以及在各自區域經濟中的重要性。 在這一財年中，印度對華的出口和進口...
Shanghai Customs strictly investigates illegal import of precursor chemicals, and the company was fined 43,000 yuan!
13 May 2024
Shanghai Customs recently cracked down on a case involving the suspected illegal import of products containing precursor chemicals, with the implicated company being Firmenich Fragrances (Zhangjiagang) Co., Ltd. Between September 30, 2021, and May 19, 2023, the company declared the import of fragrance products labeled as Jasminum grandiflorum absolute and Neroli absolute through general trade, totaling 20 shipments with a weight of 22.7 thousand...
Chinas textile and garment exports increased by 2.3%, and its international competitiveness has increased!
May 10, 2024
In the context of the global economic recovery, Chinas textile and garment industries showed a steady growth trend. According to the latest data released by the China Textile Importers Association, Chinas textile and garment trade volume reached $711.5 billion in the first quarter of 2024, an increase of 2.3% compared to the same year. This growth is mainly due to the increase in exports to the U.S., ASEAN and EU markets, showing that Chinas textile and garment exports have increased by more than a decade.
US preliminarily recognizes Vietnams market economy status
9 May 2024
在全球貿易格局中，越南近年來迅速崛起為一個重要的制造和出口中心。在此背景下，美國商務部的最新決定——初步承認越南的“市場經濟”地位——成為了國際經貿領域的一個顯著事件。 據美國和國際媒體報道，美國的這一決策遭到了其國內工業界，尤其是鋼鐵和...
Shipping costs soar! Global market space shortage affects international trade prices
8 May 2024
近期，寧波航運交易所發布的數據顯示，從4月27日至5月3日，海上絲綢之路指數之寧波出口集裝箱運價指數（NCFI）急劇上升至1599.7點，環比上漲11%。在涵蓋的21條航線中，16條航線的運價指數有所上漲，表明全球貨運市場正在經歷一波顯著的價格調整。 特...
Jingyuan Electronics sells Chinese assets, and the global semiconductor supply chain welcomes changes!
May 7, 2024
KYEC, a global leader in semiconductor assembly and testing (OSAT) outsourcing services, recently announced the sale of its subsidiary shares in Mainland China and plans to completely exit the Chinese market. This decision was made against the backdrop of geopolitical tensions between China and the United States, reflecting significant strategic adjustments in the global semiconductor industry under the influence of international politics.
The trade between China and France has witnessed remarkable growth: Agricultural products and high - end consumer goods have become the highlights!
May 7, 2024
Recently, data released by the General Administration of Customs of China revealed significant growth in China-French trade over the past five years, with an average annual growth rate of 5.9%. From 2019 to 2023, bilateral trade continued to intensify, indicating that the economic cooperation between the two countries in several key areas continued to deepen. In the first quarter of 2023, Chinas total export imports to France reached 1272,2 billion yuan, showing that the two countries economic...
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