China’s shipbuilding exports continue to grow
Today (July 16), the Ministry of Industry and Information Technology released the latest data of China's shipbuilding industry in the first half of 2024, and the three major indicators of China's shipbuilding industry continued to grow steadily, leading the world. The
44 containers overboard
Cma CGM issued a statement on July 11 informing of the maritime accident. On Tuesday, July 9, 2024, CMA CGM Benjamin Franklin, a container ship owned by CMA CGM, was sailing westbound from Asia to Europe when it encountered unexpected
Plan to make “parallel import” permanent!
Russia has been imposed several rounds of sanctions by Europe and the United States, and many European and American brands have announced their withdrawal from Russia, which leaves a huge market gap in Russia. Initially, Russian imports plummeted, falling by
Indonesian clarification
Indonesian officials clarified the "200% import tariff" : it is not targeted at any specific country, let alone China Indonesian Maritime and investment Coordinating Minister Luhut 5 for the "200% import tariff" speculation to clarify. He said the move was not
This transaction is almost 100% settled in RMB!
Bloomberg reported on July 10 that the latest report released by the Russian Central bank shows that the share of the renminbi in the Russian foreign exchange market has reached 99.6%. The US "Business Insider" website commented that this shows
National port strike!
Alert! On July 4 and 5, a general strike was held at ports across Italy. Will affect all port operations in the country or will be disrupted. Italy's transport unions and employers have failed to reach an agreement despite six months
Russia’s central bank makes clear ‘top priority’
According to the Russian satellite news agency website reported on July 4, the first deputy chairman of the Central Bank of Russia Vladimir Chisiyukhin told reporters that the Central Bank of Russia will make every effort to ensure that the
Offshore yuan fell below 7.31 mark
In the morning of July 3, the offshore yuan fell below the 7.31 mark against the dollar, and the lowest level was 7.3115; Onshore yuan traded at 7.2734 to the dollar, down from an intraday low of 7.2736, both lows
Indonesia’s trade ministry said
According to Reuters and other media reports, Indonesian Trade Minister Zulkifli Hasan said in public on June 28 that Indonesia will impose 100% to 200% safeguard tariffs on imported products such as shoes, clothing, textiles, cosmetics and ceramics to restart
“China, our largest source of foreign investment”
Thirty years ago, Chinese businesses in Hungary were little more than cafeterias and second-hand clothing stores. Today, almost all of Hungary's largest new investment projects are related to China. Magal Levant, State Secretary of the Ministry of Foreign Affairs and Foreign
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