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The economic contraction in Germany has raised concerns about the slowdown of the European economy
In 2023, Germanys GDP contracted by 0.3%, raising concerns about an economic slowdown in Europe. High inflation, energy crises, and declining exports were the main reasons, affecting economic recovery across Europe.
Chile Expands Export Trade, Strengthens China - Chile Cooperation
Chiles export trade achieved significant growth in 2023, with non-traditional goods and services exports reaching record highs. Deepening trade cooperation with China has promoted diversification and innovation.
South Korea Initiates Anti-Dumping Investigation on Chinese PET Resin
South Korea initiates anti-dumping investigation on PET resin from China and Turkey, impacting major chemical enterprises, involving HS code 3907.61.0000, with preliminary ruling expected within 3 months.
China approves graphite exports to South Koreas battery industry, deepening bilateral cooperation
China approves the export of spherical graphite materials and graphite anode materials to South Korean battery industry manufacturers, strengthening China-South Korea battery industry cooperation and promoting technological development and global competitiveness.
The US Imposes New Sanctions on the Maritime Network of the Iranian Quds Force
The OFAC of the US Department of Commerce sanctions the maritime network of the Iranian Quds Force that supports the Houthi rebels, including two companies and four vessels.
Detailed Explanation of South Koreas 2024 Import Food Customs Inspection Plan
Why should enterprises engage import/export agencies?
Vietnams Exports to Europe and the U.S. Drop Sharply in 2023
In 2023, Vietnam faced challenges in exports to European and American markets, with total export value dropping by 9.6%. Contributing factors include global economic downturn, reduced demand, and political instability.
The European Union has issued the final anti-dumping ruling on bulb flats from China and Turkey.
On January 11, 2024, the European Commission imposed definitive anti-dumping duties on steel bulb flats originating from China and Turkey.
The U.S. ITC initiates a 337 investigation on specific electronic devices.
The U.S. International Trade Commission has initiated a 337 investigation into an infringement case involving electronic computing devices and their components related to China, filed by Sweden's Ericsson, which includes several Lenovo Group companies.
The global diamond market is volatile: EU ban promotes the search for new supply sources
With the EUs ban on the Russian company Alrosa, the global diamond industry is seeking new sources of supply. De Beers invests $1 billion to respond to market changes and supply challenges.
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