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12 / 2023

US intervenes in Portugals decision to purchase Chinese scanning equipment, raising concerns about sovereignty and economic interests

The U.S. decision to interfere with Portuguese purchases of Chinese scanning equipment has sparked concerns within Portugal about national sovereignty and economic interests.

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12 / 2023

Indias GDP growth has exceeded expectations, and economic challenges remain severe

India’s GDP has grown faster than expected, but the economy is facing multiple challenges, including labour markets, increased tax burdens and slowing private consumption.

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12 / 2023

The General Administration of Customs issued new measures to optimize railway rapid customs clearance to support the Belt and Road initiative

The General Administration of Customs issued new measures to optimize the rapid customs of railways to support the high-quality Belt and Road joint construction, thereby enhancing the development of international rail transport lines, and improving the customs efficiency of imported and exported goods.

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12 / 2023

Turkey strengthens regulations on the import of electric vehicles: requires 140 service stations and call centers

The Turkish Ministry of Commerce has issued a new decree that requires all auto companies exporting electric vehicles to Turkey to set up at least 140 authorized service stations in the country, as well as a call center to address the challenge of rising imports of Chinese electric vehicles.

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12 / 2023

South Koreas response to urea supply challenges: signing a contract with a third country to ensure 4.3 months of inventory

Faced with the challenge of the Chinese government to halt urine exports, South Korea has successfully secured a stable supply of automotive urine to meet the national 4.3-month demand by signing large-scale procurement contracts with third countries and using existing inventories.In addition, the South Korean government is considering support measures such as subsidies for additional import costs incurred by enterprises to further strengthen domestic supply chain stability.

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12 / 2023

Trade between China and Latin America and the Caribbean region has witnessed significant growth.

According to the Panama Star website, since 2000, China’s bilateral trade with the region has surged from just over $14 billion to $50 billion in 2022, an astonishing 35-fold growth that has made China the region’s second largest trading partner over the years.