Industry News
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Blockbuster! Lift the tariffs on China!
Turkish officials announced on Friday that they would scrap plans announced nearly a month ago to impose a 40 percent tariff on all vehicles from China, in a move aimed at increasing incentives for Chinese car companies to invest in Turkey. According to Bloomberg, citing senior Turkish officials,...Read more -
Orders burst! Zero tariffs on 90% of trade, effective July 1st!
The Free Trade Agreement between the Government of the People’s Republic of China and the Government of the Republic of Serbia signed by China and Serbia has completed their respective domestic approval procedures and officially entered into force on July 1, according to the Ministry of Com...Read more -
The e-commerce economy in the Middle East is developing rapidly
At present, e-commerce in the Middle East shows a rapid development momentum. According to a recent report jointly released by Dubai Southern E-commerce District and global market research agency Euromonitor International, the e-commerce market size in the Middle East in 2023 will be 106.5 billio...Read more -
Brazil’s cotton exports to China in full swing
According to Chinese Customs statistics, in March 2024, China imported 167,000 tons of Brazilian cotton, an increase of 950% year-on-year; From January to March 2024, the cumulative import of Brazil cotton 496,000 tons, an increase of 340%, since 2023/24, the cumulative import of Brazil cotton 91...Read more -
How to choose Mode 9610, 9710, 9810, 1210 several cross-border e-commerce customs clearance mode ?
The China General Administration of Customs has set up four special supervision methods for cross-border e-commerce export customs clearance, namely: direct mail export (9610), cross-border e-commerce B2B direct export (9710), cross-border e-commerce export overseas warehouse (9810), and bonded ...Read more -
China Textile Watch – New orders less than in May limited production of textile enterprises or increase
China Cotton network news: According to the feedback of several cotton textile enterprises in Anhui, Jiangsu, Shandong and other places, since mid-April, in addition to C40S, C32S, polyester cotton, cotton and other mixed yarn inquiry and shipment is relatively smooth, air spinning, low-count rin...Read more -
Why is the Trend of Domestic and Foreign Cotton Prices Contrary – China Cotton Market Weekly Report (April 8-12, 2024)
I. This week’s market review In the past week, domestic and foreign cotton trends opposite, the price spread from negative to positive, domestic cotton prices slightly higher than foreign. I. This week’s market review In the past week, domestic and foreign cotton trends opposite, the ...Read more -
The first landmark “Invest in China” event was successfully held
On March 26, the first landmark event of “Invest in China” co-sponsored by the Ministry of Commerce and the Beijing Municipal People’s Government was held in Beijing. Vice President Han Zheng attended and delivered a speech. Yin Li, member of the Political Bureau of the CPC Cent...Read more -
Cotton Price Dilemma Compounded by Bearish Factors – China Cotton Market Weekly Report (March 11-15, 2024)
I. This week’s market review In the spot market, the spot price of cotton at home and abroad fell, and the price of imported yarn was higher than that of internal yarn. In the futures market, the price of American cotton fell more than Zheng cotton in a week. From March 11 to 15, the averag...Read more