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Changes in Export Data of Major Textile and Clothing Countries
According to the latest data released by the General Administration of Customs on July 13th, in US dollars, China’s textile and clothing exports in the first half of the year totaled 142.68 billion US dollars, a year-on-year decrease of 8.3%, and the overall performance is not as good as th...Read more -
The trade ban on the largest exporter of rice has disturbed the world
According to media reports on Tuesday, affected by the export ban imposed by India, the world’s most important rice exporter, at the end of last month, rice merchants from major exporting countries such as Thailand and Vietnam are urgently negotiating to adjust sales contracts for nearly 50...Read more -
The Peak Season for Foreign Trade Is Approaching , Market Expectations Are Improving
Looking forward to the third quarter of this year, Zhou Dequan, director of the China Shipping Prosperity Index Compilation Office, believes that the prosperity and confidence index of all types of shipping enterprises will recover slightly in this quarter. However, due to the oversupply in the t...Read more -
Stacking of empty containers at the dock
Under the contraction of foreign trade, the phenomenon of empty containers piling up at ports continues. In mid July, on the wharf of Yangshan Port in Shanghai, containers of different colors were stacked neatly into six or seven layers, and the empty containers piled up in sheets became the scen...Read more -
The RMB exchange rate is expected to return below 7.0 by the end of the year
Wind data shows that since July, the U.S. Dollar Index has continued to decline, and on the 12th, it fell 1.06% sharply. At the same time, there has been a significant counterattack on the onshore and offshore RMB exchange rate against the US dollar. On July 14th, the onshore and offshore RMB con...Read more -
Indian customs detained goods from China on suspicion of invoicing at a low price
According to China’s export data, the trade volume with India in the first nine months of 2022 was 103 billion US dollars, but India’s own data shows that the trade volume between the two sides is only 91 billion US dollars. The disappearance of $12 billion has attracted India’s...Read more -
Precautions for wearing Clogs -part A
Summer has arrived, and the popular cave shoes have frequently appeared on the streets again. In recent years, safety accidents caused by wearing perforated shoes have been constantly occurring. Are perforated shoes really that dangerous? Are there safety hazards when wearing slippers and soft so...Read more -
U.S. House of Representatives unanimously approves draft revoking China’s developing country status
Although China currently ranks second in the world in terms of GDP, it is still at the level of a developing country on a per capita basis. However, the United States has recently stood up to say that China is a developed country, and even established a bill specifically for this purpose. A few d...Read more -
The 24th Jinjiang Shoes Fair officially opened
The 24th China (Jinjiang) International Footwear and the 7th International Sports Industry Expo will be held at the Jinjiang International Convention and Exhibition Center from April 19th to 22nd, and a total of three major categories of shoe body products, shoe textile materials, and mechanical ...Read more -
Introduction of China Import and Export Fair
（The following information comes from the official website of China Canton Fair） China Import and Export Fair, also known as the Canton Fair, was established in the spring of 1957. Co-hosted by the Ministry of Commerce of PRC and the People’s Government of Guangdong Province and organized...Read more -
China is loosening restrictions
Nearly three years into the global pandemic, the virus is becoming less pathogenic. In response, China’s prevention and control measures have also been adjusted, with local prevention and control measures being scaled back. In recent days, many places in China have made intensive adjustment...Read more -
Just now! RMB exchange rate rises above “7″
On December 5, after the opening of 9:30, the onshore RMB exchange rate against the US dollar straight up, also rose through the “7″ yuan mark. The onshore yuan traded at 6.9902 against the US dollar as of 9:33 am, up 478 basis points from the previous close to a high of 6.9816. On Se...Read more
