Aspartame Considered a Possible Carcinogen: Trade Implications and Industry Trends
17 July 2023
Recently, the artificial sweetener aspartame has sparked widespread concern due to its potential carcinogenicity. The World Health Organization (WHO) and the International Agency for Research on Cancer (IARC) have classified it as "possibly carcinogenic to humans" (IARC Group 2B) based on "limited evidence." However, the Joint FAO/WHO Expert Committee on Food Additives (JECFA) has reaffirmed the acceptable daily intake of aspartame at 40 mg per kilogram of body weight...
EU regulates impact of new law on global corporate mergers
17 July 2023
On July 12, the EUs Foreign Subsidies Regulation (FSR) officially came into effect. The bill stipulates that if non - EU enterprises receive financial subsidies from non - EU countries, the European Commission has the right to prohibit them from participating in EU merger and acquisition transactions or public procurement. This move has brought new regulatory challenges to enterprises, especially for those companies that receive a large amount of financial support from non - EU countries...
Chinas import and export scale exceeded 2 trillion yuan in the first half of the year, but export demand and import growth are still under pressure.
14 July 2023
According to China Customs Statistics, in the first half of 2023, Chinas goods trade import and export gross value first broke 2 trillion yuan, reached 20.1 trillion yuan, compared to 2.1% growth. This is the first time in history, marking Chinas economys foreign trade activity showed a positive trend. The total export value reached 11.46 trillion yuan, compared to 3.7%, while the total import value was 8.64 trillion yuan, compared to slightly less.
Global trade overview in the first half of 2023: analysis of export data of various countries
July 13, 2023
In the first half of 2023, global trade experienced a severe impact triggered by the pandemic. However, according to reports from international organizations such as the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO), the global supply chain is returning to normal, and shortages and delivery delays of non - essential consumer goods have improved significantly. Although the volume and value of global merchandise trade rebounded in the first quarter...
Massive rail and air strikes in Italy: and travellers need to prepare in advance
12 July 2023
Recently, several major trade union organizations in Italy announced that rail and air industry strikes will be held nationwide on July 13 and 15 local time. The main demands for this strike are to require companies to hire more employees, reduce the intensity of work, renew labor contracts, and provide more job security. During the strike, it is expected that rail and air transport in Italy may have a large area of employment.
Japans nuclear contaminated water discharge plan raises global concerns: Key export products are at risk
11 July 2023
Recently, Japans plan to discharge nuclear - contaminated water from the Fukushima Nuclear Power Plant into the sea has raised widespread concerns globally. According to a report on the website of Bloomberg News on July 5, Japan plans to discharge the nuclear - contaminated water from the Fukushima Nuclear Power Plant into the Pacific Ocean, and this plan may pose risks to Japans key export products, including seafood and cosmetics. Mainland China and Hong Kong, as destinations for Japanese goods...
Expected weakness in global trade in the second half of the year: possible risks to the supply chain
10 July 2023
At the end of the first half of the year, international organizations such as the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO) successively released reports to analyze the global trade situation in the second half of 2023. Although the global supply chain is gradually returning to normal, shortages and delivery delays of non - essential consumer goods have improved, and the volume and value of global merchandise trade in the first quarter also rebounded...
El Ni?o threatens global commodity supply
10 July 2023
The El Ni?o phenomenon is a global climate phenomenon that can lead to climate change worldwide. This year, the emergence of the El Ni?o phenomenon may further reduce precipitation in the next two years, posing a threat to the supply of important global commodities. The production of rice and sugar in Thailand may decrease. Thailand is one of the worlds most important exporters of rice and sugar. Due to...
South Koreas trade deficit phenomenon: impact and analysis of the trade deficit with China
7 July 2023
South Korea, as a wind trend for the Asian economy, has recently improved its trade data trend to become the focus of the market, however, the latest data show that South Koreas exports fell by 6% in June this year, which is the smallest contraction this year. It is worth noting that from January to May this year, South Koreas trade deficit to China reached $118 billion.
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