The China-Nicaragua Free Trade Agreement officially took effect on January 1, 2023, marking a new chapter in economic cooperation between the two countries. The agreement covers goods and services trade, implementing a zero-tariff policy to promote economic exchanges between the two nations.
Maersk Suspends Red Sea Operations, CMA CGM Significantly Raises Asia-Mediterranean Freight Rates, Shipping Industry Faces Major Challenges.
The Number of Bankruptcies of Small and Medium - sized Enterprises in Japan Surges by 30% in the First Half of the Year
Brazil imposes import tariffs on solar panels and plans to reinstate tariffs on 324 categories of products, aiming to promote the development of the renewable energy industry while reforming the tax system.
Argentinas new president, Milei, has implemented changes in economic policies, abolishing import restrictions and updating the import payment system, but high inflation and currency devaluation still pose trade risks.
November 1, 2024 12:14
Teslas choice to build this large - scale energy storage battery factory in Shanghai shows the companys high recognition of the potential of the Chinese market. The analysis of Debon Securities points out that Chinas energy storage industry chain has significant advantages in manufacturing, cost, and market. By building a factory in China, Tesla can not only take advantage of Chinas large - scale manufacturing and rapid response to quickly make up for the capacity short - board of Megapack, but also use Chinas complete and low - cost energy storage system industry chain to effectively reduce the production cost of Megapack.
As Christmas approaches, various Christmas products have become popular in the market. However,
The Red Sea Crisis has a profound impact on international trade. The freight rate has doubled directly, the voyage cost around the Cape of Good Hope has increased by about 30%, the spot freight rate of the Asia - Europe route has increased significantly in the short term, and it may damage international trade in the long term.
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