14th round of EU sanctions on Russia: 19 Chinese companies seriously hurt!
June 25, 2024
On June 25, 2024, the Council of the European Union officially announced the 14th round of sanctions against Russia, putting 61 entities, including Russia, China, Kazakhstan, Kyrgyzstan, Turkey and the United Arab Emirates, on the blacklist of those directly supporting the Russian military and industrial complexes to launch war.
U.S. economic recovery signal: The rebound in cardboard box prices heralds growth!
24 June 2024
Many people may find it hard to imagine that the seemingly insignificant cardboard box is actually a crucial indicator reflecting the health of the U.S. macroeconomy. Cardboard boxes serve as a key component in the supply chain, widely used in e-commerce transactions and store shipments. As a result, the demand and price data for cardboard boxes have long been utilized by economists to gauge the overall health of the macroeconomy. Recently, the U.S...
Exports to Mexico need to be vigilant, low-cost customs declarations are identified as smuggling and fraud
June 21, 2024
Recently, the Mexican Tax Administration Service (SAT) issued an announcement stating that it will revise foreign trade regulations, defining the practice of underreporting the value of imported goods such as clothing, electronics, and toys by e-commerce platforms and courier companies to evade taxes as smuggling and tax fraud. This measure aims to address the exploitation of loopholes in tariff regulations by e-commerce platforms and cross-border logistics companies...
China has launched an anti-dumping investigation into EU pork, and a trade conflict is imminent!
20 June 2024
6月17日，中國(guó)商務(wù)部發(fā)布公告，宣布自2024年6月17日起對(duì)原產(chǎn)于歐盟的進(jìn)口豬肉及豬副產(chǎn)品進(jìn)行反傾銷(xiāo)立案調(diào)查。這一決定迅速引起了歐盟主要豬肉出口國(guó)的緊張反應(yīng)，這些國(guó)家包括西班牙、荷蘭、法國(guó)和丹麥。 西班牙：尋求避免貿(mào)易沖突 在中國(guó)宣布反傾...
The Panama Canal is facing a water shortage crisis, and the shipping industry has ushered in new challenges!
18 June 2024
The Panama Canal, known as the “Golden Water Route”, connects the Atlantic and Pacific oceans and covers an important hub of global maritime transportation, and 180 maritime routes have passed through it, connecting 2,000 ports around the world. However, this “human engineering miracle” has faced a severe water shortage crisis in recent years.
The global garment industry is in a cold state, and the decline in demand has caused the market to worry!
17 June 2024
2024年3月，全球服裝行業(yè)出現(xiàn)了顯著放緩，主要市場(chǎng)的進(jìn)出口數(shù)據(jù)均呈現(xiàn)下降趨勢(shì)。據(jù)Wazir顧問(wèn)公司2024年5月的報(bào)告，這一趨勢(shì)與零售商庫(kù)存水平下降和消費(fèi)者信心減弱相一致，反映出近期令人擔(dān)憂的前景。 全球服裝市場(chǎng)的主要進(jìn)口國(guó)，如美國(guó)、歐盟、英...
China-Russia trade showed signs of stabilization in May, with imports falling for the first time!
June 12, 2024
In May 2024, Chinas trade data with Russia showed a complex change. According to the latest data analysis by the General Administration of Customs, Chinas exports to Russia in May amounted to $90.9 billion, falling by 1.95% compared to the same year, but the ratio rose by 9.3%. This is the first sign of a halt to stability after a two-digit drop in March and April.
Egypts Suez Canal revenue falls
11 June 2024
In May 2024, Egypt's Suez Canal revenue plummeted sharply to $337.8 million, nearly halving compared to $648 million in the same month of 2023. This phenomenon has drawn widespread attention from the global shipping industry and economic circles. Analysis indicates that the primary reason for the decline in Suez Canal revenue is the persistent attacks launched by Yemen's Ansar Allah (Houthi) group, particularly...
Singapore port congestion crisis: global shipping prices jump!
7 June 2024
On June 3, local time, global shipping giant Maersk Group said there were signs of further congestion in global ports, in Asia and the Middle East, due to the strong demand of the container market and the chaos caused by the Red Sea crisis.
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