On December 30, 2022, the US company FNA Group, Inc. submitted applications for anti - dumping and counter - vailing investigations on cold water gas - powered pressure washers imported from China to the US Department of Commerce and the US International Trade Commission, and an application for an anti - dumping investigation on cold water gas - powered pressure washers imported from Vietnam.
On December 30, 2022, the Ministry of Commerce and Industry of India issued an announcement stating that, in response to an application submitted by the Indian Printed Circuit Association, it initiated an anti - dumping investigation on printed circuit boards originating in or imported from China.
Recent data released by the Ministry of Trade, Industry and Energy of South Korea and the Korea International Trade Association shows that South Koreas exports of memory chips to Chinas Taiwan region reached $4.26 billion in the first half of 2024, a significant year-on-year increase of 225.7%. This growth rate far exceeds the 88.7% increase in South Koreas overall memory chip exports, highlighting...
Recently, the General Administration of Customs, the National Development and Reform Commission, and the Ministry of Commerce jointly issued an announcement, deciding to fully implement online verification and paperless customs clearance for import tariff quotas starting from January 1, 2023.
In July 2024, Chinas exports to Russia declined year-on-year but increased month-on-month, while imports grew year-on-year, demonstrating the resilience of China-Russia trade relations under international political and economic pressures.
Despite the EUs efforts to reduce energy dependence on Russia, imports of Russian gas, particularly via the TurkStream pipeline and LNG, have surged significantly, with price advantages being a key factor.
The Indian solar module import market has witnessed a decline in Chinas share and the rise of Vietnam and Malaysia. The Indian solar industry shows signs of recovery in the face of tariff changes and the ALMM policy, and it is expected that the domestic manufacturing capacity will be significantly enhanced in the next few years.
In 2023, global economic growth was sluggish, and Chinas agricultural machinery product imports and exports faced pressure, with total volume expected to decline by 10%, although some product categories performed well.
In 2023, Chinas rapid development in the renewable energy sector was once again confirmed, with projected record growth in newly installed solar and wind energy capacity reaching 230GW, three times that of the rest of the world combined.
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PSB Record: Shanghai No.31011502009912
