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05 / 2023

Industrial data fell more than expected in March, and the risk of a German recession rose.

The decline in industrial production data in Germany in March far exceeded market expectations, raising market concerns about further deterioration of the German economy. The German Federal Bureau of Statistics released data on Monday showed that the decline in industrial production in Germany in March was 3.4% and 1.3% more severe than analysts expected. Among them, poor performance in the automotive industry was one of the reasons for the decline in the automotive and automotive parts manufacturing output in March.

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05 / 2023

South African currency exchange rate hits a record low, beware of foreign exchange risks

Last Friday, South African Rand depreciated the exchange rate for the US dollar by 1.8% in the plate, closing the Times 19.32 Rand for the US $ 1, reaching a record low. Foreign trade companies that have had recent trade with South Africa should keep an eye on the country's exchange rate fluctuations, and stay in touch with customers and beware of exchange risks.

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05 / 2023

Ecuador and China sign the first free trade agreement between Asian countries

China and the relevant departments of the two countries officially signed the Free Trade Agreement via video on May 11, which is the first free trade agreement signed by Ecuador and Asian countries. It is that the China-Ecuador Free Trade Agreement includes a preamble and 17 chapters, through which the agreement, the two sides will a high level of mutual openness and promote China-Ecuador economic and trade cooperation in all aspects.

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05 / 2023

Export to Argentina issued the latest food standard requirements

The Argentine Secretariat for Agriculture, Livestock and Fisheries and the Secretariat for Health Quality issued a number of resolutions on 20-21 April 2023, aimed at regulating food production operations, preventing food safety accidents and ensuring food safety.

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05 / 2023

Brazil will exempt 628 types of machinery and equipment from import tariffs

On May 9, 2023, the Executive Board of the Brazilian Foreign Trade Commission issued an important decision to exempt import duties from 628 machinery and equipment products, and the duty-free policy will last until December 31, 2025.

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05 / 2023

General Administration of Customs | Announcement on quarantine and sanitation requirements for imported terrestrial animal protein feed from Brazil

In accordance with the relevant laws and regulations of China and the provisions of the General Administration of Customs of the People's Republic of China and the Ministry of Agriculture and Livestock Industry of the Federal Republic of Brazil, following strict sanitary and sanitary requirements, the import of Brazilian land-based animal protein feed that meets the relevant requirements is now allowed.