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07 / 2023

Analysis on market access and technical requirements for air conditioners exported to Europe

This article details the definition and classification of air conditioning products, explains the customs requirements for export air conditioning, explores the access and standard requirements for air conditioning in Europe and the UK, and compares the regulatory requirements for air conditioning at home and abroad. At the same time, this article reminds companies to pay attention to the technical and environmental requirements of the EU and the UK.

24

07 / 2023

UPS faces potential massive strike in US

UPS unions are struggling to raise part-time wages and have called on workers to prepare for the strike. If no agreement can be reached before the contract expires on July 31, the strike will begin on August 1. It is estimated that economic losses could reach $7 billion if the strike lasts for ten days, which would be one of the most costly strikes in a century.

20

07 / 2023

The UK officially joined CPTPP

At the recent Ministerial Meeting of Members of the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), the UK was officially approved to join the CPTPP, becoming the first new country to join since the agreement was established in 2018. This is also the largest trade agreement the UK has reached since Brexit. Britain’s accession will increase CPTPP membership to 12 countries, covering more than 500 million people, accounting for one of the world’s largest economies.

18

07 / 2023

A new era of Middle East diplomacy: deepening strategic mutual trust and opening up a trillion-dollar investment opportunity

Since this year, China’s policy and philosophy on the Middle East issue has gained widespread recognition by the countries in the region, driving the Middle East’s “reconciliation tide”. China’s strategic mutual trust with the countries of the Middle East continues to deepen, and economic and trade relations are also becoming closer. Experts pointed out that with China’s Middle East diplomacy entering a new era, it is expected to bring trillion-dollar investment opportunities to China. Saudi Aramco agreed at a price of $3.6 billion.

18

07 / 2023

The impact of global high temperature weather on factories, power grids and the economy

Global high temperatures are affecting factories, power grids and people’s electricity bills. In North America, Canada, fierce wildfires have affected more than 100 million people in the United States, and the power grid burden has increased. Mexico and Europe are also facing similar problems. In Asia, the heat in India has killed many people. High temperatures are putting pressure on society as a whole, including energy networks and medical services facing pressure, trains...

17

07 / 2023

Aspartame Considered a Possible Carcinogen: Trade Implications and Industry Trends

The WHO and the International Agency for Research on Cancer (IARC) recently classified artificial sweeteners as potentially carcinogenic, however, the Food and Agriculture Organization’s Joint Committee of Experts on Food Additives (JECFA) reaffirmed an acceptable daily intake of 40mg/kg of body weight. This statement has had an impact on the global aspartame market while also boosting demand for natural sweeteners such as Rohan fructose.