This regional power refuses to accept the WTO ruling!
A few days ago, the World Trade Organization (WTO) ruled that Indonesia's nickel ore export ban violated international trade regulations. Indonesian President Widodo stated that he would appeal the ruling and insisted that he would continue to promote the development
The exchange rate of RMB against the US dollar regained the 7.10 mark!
After the offshore renminbi rose 1,075 points against the US dollar on November 29, as of 22:50 on November 30, the renminbi rose by more than 500 points and regained the 7.10 mark again. On December 1, the RMB continued to
Maersk and IBM end operations of TradeLens
"TradeLens has not yet achieved the full range of global, relevant industry collaborations required, nor has it achieved the level of commercial viability required to continue operating and meet financial expectations as a standalone business." On November 29, Maersk and IBM
General strike hits economic powerhouse
Due to dissatisfaction with their working conditions, 25,000 truck drivers in South Korea launched a large-scale strike. They drove long queues, directly interrupting transportation, blocking roads, and impacting local and global supply chains. And this is tantamount to worsening the
A “massive trade war” is imminent
The US Inflation Reduction Act (IRA), which will take effect on January 1 next year, proposes to subsidize local manufacturing. This has been dissatisfied with Europe, especially countries such as France and Germany, and a large-scale "trade war" between the
Prohibited import and export list
Since November, more than a dozen countries, including Uzbekistan, Greece, Canada, and South Africa, have banned the import and export of various commodities. Relevant foreign trade enterprises need to pay attention to policy trends in a timely manner to effectively
Big benefits!
On November 23, local time, the Office of the United States Trade Representative (USTR) announced that in response to the new crown epidemic, it has decided to extend the validity period of additional tariff exemptions on Chinese medical protection products
The world’s largest producer cancels export tariffs on many products!
On November 18, local time, the Ministry of Finance of India issued a notice to cancel the export duties imposed on fine ores, lumps and pellets with an iron grade below 58%; The export tax on stone and concentrates was
“Open without inspection” mechanism
The first implementation of the "no inspection before opening" mechanism in the Asia-Pacific region will help alleviate the supply chain crisis caused by the epidemic and further enhance the stability and resilience of the industrial chain and supply chain. Recently, the
Dexun’s “big” plane is coming
In addition to the trans-Pacific route, the services provided by the "Inspire" charter aircraft will also link up with Exon's existing business in Asia. As a fulfillment of the long-term charter agreement for two aircraft of the same type signed by