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The EU JRC Releases the Latest Guidelines on Test Conditions for Food - Contact Kitchenware
In July 2023, the EU Joint Research Centre released the fourth edition of the Guidelines on Testing Conditions for Food Contact Kitchenware, covering products made of plastic, metal, silicone, rubber, paper, and cardboard. The guidelines aim to ensure comparability of test results across various kitchenware products and provide clear testing and compliance requirements for products exported to the EU.
Total import and export value increased year-on-year, while July exports decreased year-on-year
According to data released by the General Administration of Customs, Chinas total import and export value in the first seven months of this year reached 23.55 trillion yuan, a year-on-year increase of 0.4%. Exports totaled 13.47 trillion yuan, up 1.5%, while imports reached 10.08 trillion yuan, down 1.1%.
Changes in Indias Import Policy for Laptops and Tablets
After the Indian government suddenly issued a restriction announcement on the import of laptops and tablets, it was modified on August 4 to provide enterprises with a three - month buffer period. These rapidly changing policies have put many electronics giants in an uncertain state and stopped their exports to India.
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The Process of Foreign Trade Documents and Risk Prevention Strategies
Foreign trade documents play an important role in foreign trade transactions, and their compliant process is crucial to ensure the smooth progress of transactions. This article details the whole process of foreign trade documents, from customer inquiry to document filing, and at the same time provides five risk prevention suggestions, aiming to help foreign trade business personnel better manage and prevent risks.
The Three US Departments Jointly Issue an Enforcement Note: Strengthening the Linkage in the Field of Trade Controls and Sanctions
On July 26, 2023, the US Department of Justice, the Bureau of Industry and Security of the Department of Commerce, and the Office of Foreign Assets Control of the Department of the Treasury jointly issued an enforcement note on the voluntary disclosure of potential violations, strengthening the enforcement linkage in the field of trade controls and sanctions. This article analyzes the content of the enforcement note of the three departments, introduces the voluntary disclosure mechanisms of different departments, and looks ahead to the trend of US trade controls. For Chinese enterprises, the article also puts forward risk control suggestions to cope with the increasingly strict compliance environment.
Chinas renewable energy capacity surpasses coal power historically
In the first half of 2023, Chinas total installed capacity of renewable energy exceeded 1.3 billion kilowatts, a year-on-year increase of 18.2%, surpassing coal power for the first time in history. Significant progress has been made in wind power, photovoltaic power generation, and new energy storage technologies. This data reflects Chinas efforts and achievements in promoting energy transition and sustainable development.
The turbulent situation in Bangladesh triggers the transfer of international brand orders
Political unrest in Bangladesh has caused international brands to worry, leading them to shift footwear and apparel orders from the country to Southeast Asian nations. This has severely impacted Bangladeshs garment and textile industry, which heavily relies on international orders, potentially reshaping the global supply chain landscape.
Dafeng Shipping announced the implementation of a new peak - season surcharge on the Asia - to - South Africa route
Recently, CMA CGM announced the implementation of a new Peak Season Surcharge (PSS) for the Asia-South Africa route and adjusted freight rates for the Asia-Northern Europe route. The new PSS will take effect from August 21, with a charge of $300 per TEU, applicable to cargo from Northeast Asia, Southeast Asia, and all regions of China to South Africa. Additionally, starting August 1, the company will increase freight rates for the Asia-Northern Europe route, with new rates set at $1,075 per 20 dry container and $1,950 per 40 dry container, high cube, or reefer container.
Yellow, a major US transportation company, announced its bankruptcy.
U.S. transportation giant Yellow Corp. announced its shutdown, ceasing operations immediately, which will result in approximately 30,000 employees losing their jobs. This marks the largest bankruptcy in the history of the U.S. trucking industry. The company has about $1.5 billion in unpaid debts and is facing a cash shortage, with some major clients having suspended cooperation. This shutdown may trigger a series of supply chain issues, further straining global supply chains.
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Guide to Application and Amendment of Export Inspection and Quarantine Certificates
This guide details the application process and amendment procedures of export inspection and quarantine certificates. It discusses different types of inspection and quarantine certificates, as well as the laws, regulations, and procedures that enterprises must follow when applying for and amending certificates. It is an indispensable reference resource for exporters and trade professionals.
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