Chinas steel exports increased by 34.8% in October
15 November 2023
Recently, data released by the General Administration of Customs of China showed that Chinas steel exports were strong in the ten months prior to 2023, up from 34.8% to 7473.2 million tons. This growth momentum has caused widespread attention in the market, especially in the context of the complex international political and economic situation.
How to deal with contract traps in international trade?
7 November 2023
In international trade, contracts serve not only as the foundation of transactions but also as legal safeguards ensuring smooth operations. Special vigilance is required against potential pitfalls in contract clauses to prevent disadvantage in trade disputes. I. Case analysis of contract disputes In early 2022, export company A faced a 10% buyer deduction due to incorrect weight description in the contract...
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...
Import and Export Trade Process and Logistics Operations?
March 29, 2023
Import and export trade processes refer to the entire journey from purchasing goods to delivering them to the destination. This includes overseas procurement, transportation, customs clearance, logistics, distribution, and delivery. Below is a simplified overview of the import-export trade process and logistics operations: Overseas Procurement Importers source product information through various channels...