European and American automakers face electrification challenges, while Chinas electric vehicle market accounts for over 50% of the global share, with cost advantages and a complete supply chain enhancing the global competitiveness of Chinese EVs.
On January 5, 2023, the Ministry of Economy of Argentina issued Announcement No. 4 of 2023, making a final anti - dumping ruling on household electric kettles originating in China and deciding to set a minimum export free - on - board (FOB) price limit of USD 12.46 per piece for the products under investigation.
According to the official news of the General Administration of Customs, on January 4, 2023, the Chinese Customs recently signed an AEO mutual recognition arrangement with the Philippine Customs.
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.
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PSB Record: Shanghai No.31011502009912
