China becomes the main importer of Russian oats, promoting bilateral trade
March 14, 2024
According to Russias Agroexport Center data, China surpassed all countries to become Russias largest oat importer in early 2024. This trend strengthens agricultural cooperation and reflects Chinas growing demand for Russian grains. Per Sputnik News, 202...
Brazil to become world’s third largest cotton producer
March 13, 2024
Brazil, the agricultural powerhouse of South America, is poised to make history in 2023-2024, with cotton production expected to reach 14.6 million bales, a 23.7% increase over last year. According to the latest USDA report, this surge will not only solidify Brazils key role in the global textile industry but also elevate it past the U.S. to become the worlds second-largest producer after China and India...
India and four EFTA countries sign $100 billion free trade agreement
March 12, 2024
India and the European Free Trade Association (EFTA) nations—Switzerland, Norway, Iceland, and Liechtenstein—concluded over 15 years of negotiations to sign a historic $100 billion free trade agreement. This deal marks a significant milestone for India in global trade and will profoundly impact both sides economic futures.
Turkey adjusts its import and export tariff policies towards China and around the world
March 11, 2024
Turkey has made a series of important adjustments to its import and export tariff policy aimed at addressing domestic and foreign economic changes, as well as further regulating international trade activities. These adjustments involve a number of industries ranging from agricultural products to synthetic fibers, to car tyres, which significantly affect the operations and market strategies of domestic and foreign companies.
my countrys goods trade grew 8.7% in the first two months, with a wider trade surplus
March 8, 2024
According to customs statistics, in the first two months of 2024, Chinas total import and export value of goods trade reached 6.61 trillion yuan (approximately $930.86 billion), a year-on-year increase of 8.7%. This growth reflects the recovery and vitality of Chinas trade, particularly amid global economic revival.
The EUs Digital Market Law came into force on March 7, reshaping the global technology competition landscape
March 7, 2024
During this period, Chinas export value totaled 3.75 trillion...
EU plans to raise concerns about Chinas retrospective tariffs on electric vehicles
March 7, 2024
As global electric vehicle (BEVs) market competition intensifies, the European Commission’s latest initiative could further tighten trade relations with China and Europe.According to Reuters reports on Tuesday, the European Commission has issued an emergency notice announcing plans to customs registration of pure electric vehicles imported from China, as part of its counter-subsidy investigation.This measure could lead to...
Bangladesh Surpasses China to Become Britains Largest Exporter of Clothing
March 6, 2024
In recent months, Bangladesh and China have been in fierce competition on the UK clothing export market. According to the latest data released by the British government, between January and November 2023, Bangladesh has surpassed China in four months, becoming the largest clothing exporter on the UK market. This achievement marks Bangladesh’s position in the global textile industry is continuing to grow.
Egypt continues to expand Suez Canal to meet shipping challenges
March 6, 2024
Despite the challenges of sea navigation caused by the Houthi attacks, Egypt continues to expand and improve the Suez Canal. Since December last year, tensions in the Red Sea region have had a significant impact on the Suez Canal traffic, reducing sea traffic into the Mediterranean Sea by more than 60 percent.
Follow Customer Service WeChat
