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08 / 2023

Mexican tariff adjustment: impact on China and other countries

The Mexican president recently signed a new decree, starting on August 16, raising tariffs on a number of imported goods to 392 tariffs involved. This decision will have a significant impact on Mexico's trade partners in its non-free trade agreements, especially China, Brazil, South Korea, Taiwan and India. The Mexican government said the move was aimed at promoting the stable development of its domestic industry andining the economic and economic stability of the country.

18

08 / 2023

India restricts imports of a variety of products! Opportunities and challenges facing small and medium-sized enterprises

Recently, the results of China’s risk survey of export transactions for Indian enterprises showed that although India’s trade risk is “high”, risk is declining compared to other countries. At the same time, the Indian market’s export potential for small and medium-sized foreign trade enterprises is gradually emerging.

15

08 / 2023

Exports in many countries have fallen, but some countries have a recession.

Due to the shrinking external demand, most of the world's exports perform poorly, but Germany, Turkey, Uzbekistan and other countries have achieved reversal growth.

14

08 / 2023

South Korea's economy faces a dilemma in 2023: exports fell in October and GDP shrank sharply.

In 2023, the South Korean economy faced a historic challenge, with exports declining for a decade in a row and demand for chips declining.The country’s GDP also saw its biggest decline since the financial crisis, demonstrating the importance of South Korea as a global economic indicator and the complexity of the current global trade and economic environment.

09

08 / 2023

Despite sanctions, Russia remains the largest economy in Europe.

Despite facing Western sanctions, Russia remains stable in the world’s top five economies by the end of 2022 and surpasses Germany to become Europe’s largest purchasing power parity economy, while China-Russia economic and trade cooperation continues to expand, China has become Russia’s largest trading partner for 13 consecutive years.

08

08 / 2023

Vietnam's exports continue to decline, and companies exit the market at a record high

According to statistics from the Bureau of Statistics of Vietnam, Vietnam’s exports have declined for five consecutive months, manufacturing growth has slowed, the number of companies withdrawing from the market is high, and unemployment has continued to rise.