Free Trade Agreement between the European Union and the Southern Common Market: A historic breakthrough is imminent!
9 August 2024
After 25 years of negotiations, the Free Trade Agreement between the EU and the Southern Common Market (Mercosur) has finally achieved critical progress. Both sides are tightening their efforts to reach a final agreement by the end of 2024. If this agreement is signed, it will not only mark historic cooperation between the two major economies, but will also save European companies up to 4 billion euros a year.
Headwinds in the global retail industry: adjustment of business strategy under inflation and weak consumption!
5 August 2024
Recently, financial reports and operational changes released by several foreign consumer companies show that the high inflation environment and weak consumption have dragged down the continuous decline in corporate performance, and some companies have had to close down. Adjusting business strategies is also becoming the main means for many companies to cope with the headwinds in performance. American furniture retailer, Coen, recently became the latest chain to enter bankruptcy liquidation proceedings...
Bangladesh's exports to the United States have declined: Global competition and internal challenges!
2 August 2024
According to data from the Office of Textiles and Clothing of the U.S. Department of Commerce, Bangladeshs cotton clothing exports to the U.S. decreased by 9.56% by five months before 2024.In addition, clothing exports produced using artificial fibers decreased by 21.85%, to just 7.5508 billion.These data show that total U.S. clothing imports decreased by 6.0% by five months before 2024.
EU companies and governments have unanimously opposed the review of investment plans in China!
July 31, 2024
EU companies and governments collectively oppose the European Commissions plan to review related companies investment plans in China, expressing doubts about the feasibility of the plan. Background and Original Intention of the Plan The plan was announced by European Commission President Ursula von der Leyen in March last year and was included in a white paper in January this year as part of the EUs European Economic Security Package (ESS)...
The European Union is preparing for the Trump tariff plan: a major adjustment of the trade strategy!
30 July 2024
Former US President Donald Trump proposed a plan in his campaign to impose a minimum 10% tariff on all EU goods, which has aroused high attention and vigilance from the EU. To cope with this potential trade shock, the EU is actively preparing new trade strategies to protect its economic interests and ensure that trade relations with the United States remain balanced. ...
Behind the sharp drop in copper prices: short-term fluctuations can hardly conceal the long-term investment potential!
29 July 2024
近日來，由于需求趨于疲軟以及全球銅市場供過于求，銅價上演了一波大跌行情。盡管如此，市場情報公司Kpler的高級大宗商品分析師Reid I 'Anson認為，盡管短期內拋售不可避免，但長期來看，那些繼續投資銅的人可能會得到回報。 供需失衡導致銅價下跌 ...
EU manufacturing production drops 1.2% by 2023
26 July 2024
Overall Performance of Manufacturing In 2023, EU manufacturing production decreased by 1.2% compared to 2022. According to a report by Eurostat, this contraction occurred after two years of continuous growth. In 2021, EU manufacturing increased by 8.5% compared to 2020; in 2022, it increased by 0.4% compared to 2021. However, despite the decline in production, the sales output of EU manufacturing...
The new China-Mexico route sets sail: trade efficiency is upgraded and economic benefits are doubled!
July 23, 2024
Opening and Operation of New Shipping Routes According to a report by EFE on July 20, a new direct maritime trade route between China and Mexico has officially opened. This route, which departs from Dalian Port in northeastern China, will shorten the sailing time by more than 10 days, greatly improving trade efficiency between China and Mexico. After the departure of the merchant ship Oriental Chennai, the route was officially put into operation on the 19th...
U.S. Semiconductor Equipment Manufacturers: Chinas Market Dependence Under Export Control Increases!
22 July 2024
Despite the U.S. governments implementation of strict export controls on semiconductor equipment to China two years ago, U.S. semiconductor equipment manufacturers dependence on the Chinese market has not decreased but has instead increased. Data shows that the proportion of sales by U.S. semiconductor equipment manufacturers to China has now reached 40%, and this proportion is even further increasing in some companies reports. ...
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