On May 19, the United Nations Conference on Trade and Development (UNCTAD) released the latest issue of the Global Trade Update Report, showing that global trade has recovered strongly from the COVID-19 crisis, and its momentum reached
【Textile】 India is one of the largest textile exporters. This industry is now experiencing severe labor shortages. Wozil Consulting provides data showing that in the clothing cities of Delhi and Bangalore, the labor absenteeism ra
China-ASEAN relations usher in new prospects for quality improvement and upgrading(4)Since the beginning of this year, the epidemic has repeatedly severely impacted the economies of ASEAN countries. China, which is accelerating the con
From the perspective of trade trends in major economies, their trade will begin to recover from the fall of 2020 and continue until the first quarter of 2021, but the main reason for this substantial increase is the low base in 2020. C
According to China Customs statistics, in the first quarter of this year, Sino-British trade in goods reached US$25.2 billion, a year-on-year increase of 64.4%. Among them, China’s exports were US$18.66 billion, a year-on-year increase
Freight & Shipping DelaysWith ongoing pandemic-related delays and closures, non-stop demand for ocean freight from Asia to the US, and a lack of capacity, ocean rates are still very elevated and transit times volatile.While some major
Recently, State Councillor and Foreign Minister Wang Yi received Nepalese Foreign Minister Khadga in Qingdao, Shandong Province, for a visit to China. This was the first visit to China by a Nepalese Foreign Minister since the establish
The trajectory of the furniture industry is rapidly changing, in no small part due to the turbulence experienced during 2020. Much of the changes affecting this industry though are occurring around innovations in technology and the mov
From the perspective of industry trade trends, in the first quarter of 2021, most industries in global trade have shown a momentum of recovery. The trade in industries related to the new crown pneumonia epidemic, such as pharmaceutical
New orders for furniture remained strong in May, growing 47% compared with the same month last year, according to the latest Furniture Insights survey of residential manufacturers and distributors from accounting and consulting firm Sm
3. Relevant policies and interventions of governments of various countries will continue to affect international trade and the economic and trade recovery process after the epidemic. The diplomatic frictions between some major econo
China-ASEAN relations usher in new prospects for quality improvement and upgrading(3)Since the outbreak of the epidemic, China has overcome its own difficulties and actively provided anti-epidemic materials and technical assistance to
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