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Preview of the 1st Guangdong - Hong Kong - Macao Greater Bay Area Development Business Conference and Analysis of Global Economic and Trade Frictions in the First Half of 2023

2024-10-14

The First Guangdong - Hong Kong - Macao Greater Bay Area Development Business Conference will be held in Macao from September 14th to 15th, aiming to promote business exchanges and cooperation both inside and outside the region. At the same time, the global economic and trade friction data for the first half of 2023 shows that although the overall friction index is slightly lower than the same period last year, the friction is still concentrated in industries such as electronics, mechanical equipment, and light industry. This article will deeply explore these two important issues.

Salmonella and Cherry Tomatoes: Many European Countries Face a Food Safety Crisis

2024-10-14

Many European countries have reported cases of Salmonella Senftenberg ST14 infection possibly related to cherry tomatoes. The cases are widely distributed, from Austria to the UK, and even involving the United States. This situation has raised concerns about food safety and public health.

The United States Imposes Anti - dumping and Counter - vailing Duties of up to 1094% on Mattresses Imported from 13 Countries and Regions

2024-10-14

On July 28, 2023, the U.S. mattress industry and several trade associations jointly filed anti-dumping and countervailing duty petitions against mattresses imported from 13 countries and regions (including Southeast Asian and Eastern European countries). Among these, the highest anti-dumping duty rate reached 1094%. This move has significant implications for global mattress manufacturers and exporters, forcing them to seek countermeasures such as third-country transshipment models.

Indian bans: From rare metals to drones, impacts and countermeasures

2024-10-14

From the export ban on rare metals, to the sugar supply, and then to the import restrictions on personal computers and military drones, a series of major policy adjustments by the Indian government recently are changing the domestic and international market landscape. This is not only Indias strategic move towards self - sufficiency but may also have a profound impact on the global supply chain. Exploring the strategic intentions and potential impacts behind this series of policies is like piecing together a huge political and economic map, and each piece of the puzzle may determine the future direction.

The Wave of British Enterprise Bankruptcies, How Should Export Enterprises Respond?

2024-10-14

Since 2022, the UK has been hit by inflation and rising interest rates, leading to a significant increase in the corporate bankruptcy rate. This article explores the reasons behind this phenomenon and provides some suggestions for export enterprises cooperating with UK enterprises.

The UK government established the Trade Sanctions Implementation Office to strengthen economic sanctions against Russia

2024-10-14

October 10, 2024 — The UK government officially launched the new Office of Trade Sanctions Implementation (OTSI) on October 10, local time, aiming to further strengthen sanctions against Russia and enhance corporate compliance with sanctions.

WTO forecasts 2.7% growth in global merchandise trade for 2024

2024-10-14

The World Trade Organization (WTO) released its latest Global Trade Outlook and Statistics Report, predicting that global merchandise trade will grow by 2.7% in 2024, slightly higher than previous estimates. Export growth in Asia will outpace other regions, reaching a 7.4% increase, while the growth prospects for services trade are even more optimistic.

Vietnam Strengthens Trade Remedy Measures to Protect Domestic Industries

2024-10-13

Facing the global economic environment, Vietnam is striving to strengthen its trade remedy measures to protect domestic industries from external pressure. With the continuous opening of the Vietnamese market, these measures are crucial for ensuring the healthy and sustainable development of its domestic industries. At the same time, for countries and enterprises trading with Vietnam, understanding and adapting to these changes will be the key to future success.

Measures Taken by China and Special Administrative Regions to Maintain Food Safety in Response to the Discharge of Fukushima Nuclear - Contaminated Water into the Sea

2024-10-13

Japans decision to discharge the nuclear - contaminated water from Fukushima into the sea not only affects Japan itself, but also poses huge risks to neighboring countries and regions. The Chinese government and its special administrative region governments responded promptly and took a series of measures aimed at safeguarding food safety and public health. This reflects the high sense of responsibility of the Chinese government towards the people and its determination to safeguard national interests.

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