Chinese companies are growing their market share in cutting-edge global products and services
September 6, 2023
Despite the rise of protectionism, global reliance on Chinas electric vehicles and other high-tech products has become increasingly difficult to sever. The latest survey by Nikkei shows that Chinese companies have increased their market share in 18 key global product and service categories. I. Background of Global Market Share Growth Nikkeis analysis of global economic activity in 2022...
The United States launches a double anti-dumping investigation on Chinese pea protein
5 September 2023
"豌豆蛋白遭遇‘貿(mào)易戰(zhàn)’：不只是素食者的關(guān)心" — 美國(guó)國(guó)際貿(mào)易委員會(huì)近期就進(jìn)口自中國(guó)的豌豆蛋白發(fā)起了反傾銷和反補(bǔ)貼的初步調(diào)查。初步裁定顯示，這些產(chǎn)品對(duì)美國(guó)國(guó)內(nèi)產(chǎn)業(yè)造成了實(shí)質(zhì)性損害。接下來的決策可能將重新定義兩國(guó)間的豌豆蛋白貿(mào)易關(guān)系。 ...
Registration requirements and importance for U.S. dairy exporters exporting to China
1 September 2023
USDA Notification and Its Significance Recently, the U.S. Department of Agriculture (USDA) issued an important notice specifically targeting American dairy exporters to China. According to the notice, most U.S. dairy companies registrations in China will expire on August 31, 2023. Therefore, USDA strongly advises these companies to confirm their import eligibility in China before shipping products...
Behind the wave of corporate bankruptcies in the United States: You shouldnt panic blindly
28 August 2023
Seven months before 2023, the number of corporate bankruptcies in the United States has approached a record high since 2010. According to the statistics of Standard Pur Global Market Intelligence, 64 companies filed for bankruptcy in July this year, the highest number in recent months, exceeding any month in 2021 and 2022.
Mexican tariff adjustment: impact on China and other countries
25 August 2023
1, Mexicos tariff adjustment decision The Mexican President recently signed a decision, decided from August 16, 2023, to raise the most favourable tariffs on a number of imported products including steel, aluminum, bamboo products, rubber, chemical products, oil, soap, paper, cardboard, ceramic products, glass, electrical equipment, instruments and furniture.
India restricts imports of a variety of products! Opportunities and challenges facing small and medium-sized enterprises
18 August 2023
A recent overall risk survey on export transactions with Indian companies released by China Export & Credit Insurance Corporation (Sinosure) shows that although the current credit risk level remains high, it has been declining year by year compared to other countries. Growing enthusiasm among enterprises for trade consultations about the Indian market also indicates significant export potential for Chinas small and micro foreign trade businesses in India. Despite Indias...
Exports in many countries have fallen, but some countries have a recession.
15 August 2023
Global Export Trends Remain Weak Recently, due to sluggish external demand and persistent downturns, most countries—including Vietnam, South Korea, Brazil, and the United States—have shown declining export trends. This downturn may have lasting impacts on these countries economic growth, with no signs of global trade recovery in the short term. Vietnams exports fell by 3.5% in July...
South Koreas economy faces a dilemma in 2023: exports fell in October and GDP shrank sharply.
14 August 2023
Recent data released by South Koreas Ministry of Trade, Industry and Energy shows that the countrys exports in July fell 16.5% year-on-year to $50.33 billion, marking the tenth consecutive month of decline and the steepest drop since May 2020. Exports of semiconductors, a major export item, fell 34% year-on-year, extending their negative growth streak to 12 months. Additionally, in June this year...
Despite sanctions, Russia remains the largest economy in Europe.
9 August 2023
Despite facing external pressure and economic sanctions, Russia’s economic performance remains strong. Recent World Economic Report data show that Russia has successfully entered the world’s top five economies by the end of 2022.
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