India faces challenges in trying to settle oil imports in rupees
India requires state - owned oil refiners to pay for oil imports in rupees to reduce dollar dependence, but faces challenges such as supplier rejection and exchange rate risks.
SEMI Warns the EU to Carefully Consider Export Controls and Investment Restrictions
The Semiconductor Equipment and Materials International (SEMI) urges the European Union to carefully implement new export controls and foreign investment rules, emphasizing the importance of maintaining free trade for the global semiconductor industry.
AMDs China - specific chip launch rejected by US export controls
Under the USs strengthened export control on China, AMD tried to launch the China - specific AI chip MI309 that complies with the restrictions, but it still has not been approved by the US government.
Global photovoltaic installations are expected to reach 655GW in 2024, with China leading the growth.
According to BNEFs prediction, the global newly installed photovoltaic capacity in 2024 will reach 655GWdc, with China accounting for more than half. At the same time, the price of polysilicon has dropped significantly, and the global photovoltaic industry is ushering in rapid development.
US and Japan Strengthen Supervision of Chinese Cross-Border E-Commerce, Tariff Exemptions Restricted
In response to the rapid development of Chinas cross-border e-commerce, the United States has proposed restrictions on small-value tax-free imports, while Japan has strengthened online product safety regulations to protect domestic businesses and consumer safety.
Customs | Shanghai Import/Export Agent
Russia will reduce oil production and exports in the second quarter of 2024 as part of the OPEC+ agreement, aiming to maintain market balance and price stability.
Japans Industrial Production Drops Sharply, and Export Growth Fails to Offset Internal Challenges
Japan is facing a sharp decline in industrial production in early 2024. The停產(chǎn) of Daihatsu Motor and the impact of the earthquake are significant. Although exports to China have increased significantly, internal challenges remain severe.
Foreign Exchange Payment and Settlement | Shanghai Import/Export Agent
The EUs Supply Chain Act was not passed as Germany and 12 other countries abstained. The act aims to strengthen human rights and environmental due diligence in corporate supply chains.
Textiles Face Global Trade Frictions, and Chambers of Commerce Respond Actively
Facing the increase in global trade frictions, the China National Textile and Apparel Council actively responds to lawsuits, helping enterprises resist the impact of anti - dumping, safeguard measures and anti - circumvention investigations.
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