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Chinese Wholesale Products Have Officially Achieved Global Domination

Aug 12, 2019

China has been frequently referred to as “the world’s factory”, but why? The Beijing government and the citizens of China are extremely proud of their ever growing economy. One of the reasons for the boom in China's ...

Tags: Chinese Wholesale

Toyota Announces $1.33bn Investment in Kentucky Plant

Apr 12, 2017

Toyota is spending $1.33bn at its Kentucky manufacturing facility as part of its plan to invest $10bn in the US over the next five years. The move adds to the $530m invested in 2013 to support the production of Lexus. With the present ...

Tags: Toyota, vehicles

Global Gold Demand up 21% in Q1 to 1,290 Mt

May 14, 2016

Global gold demand totaled 1,290 mt in the first quarter, up 21% from 1,070 mt a year earlier, as the biggest quarterly inflow into exchange-traded funds since 2009 offset a steep decline in jewelry demand, the World Gold Council said in a ...

Tags: gold demand, gold

China Slashes Import Duty on Consumer Goods

May 28, 2015

China is to reduce import taxes by more than 50 per cent on some consumer goods, including apparel, in a bid to encourage an increase in domestic spending, according to media reports. The Chinese finance ministry has said that it will ...

Tags: Import Duty, Consumer Goods

Key OIA Trade Bills Have a New Prosess in US Senate

Apr 29, 2015

The U.S. Senate Finance Committee passed legislation Wednesday evening that wlil give President Obama trade promotion authority, or TPA, a necessary step for his administration to conclude negotiation of the Trans-Pacific Partnership (TPP). ...

Tags: Sporting Goods, Recreation

Nintendo Made The Decision to Cease Selling Its Consoles and Games in Brazil

Jan 12, 2015

Nintendo has halted sales of its hardware and games software in Brazil due to high taxes in the country. Due to changes within the Brazilian economy, which have contributed to the higher import taxes and fees, Nintendo has made the ...

Tags: Games, Consumer Electronics, Nintendo

European Imports of Polyethylene Terephthalate Shot up by Over 30% in 2013

Feb 19, 2014

European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...

Tags: Polyethylene Terephthalate, Chemicals

Double and Triple Digit Rises in Searches for UK Retailers From Key Export Markets

Feb 10, 2014

Double and triple digit rises in searches for UK retailers from key export markets. Helen Dickinson, Director General, British Retail Consortium, said: “The UK is the world’s second biggest online retail exporter, beaten ...

Tags: UK Retailers, Apparel

China Is The No. 1 Luxury Spender Worldwide

Dec 18, 2013

Fang Ying’s December wish list of Louis Vuitton handbags and Chanel perfume is not only for Christmas. Fang, 33, a secretary working in Shanghai, writes one every month for friends and family traveling abroad. Fang is not alone. ...

Tags: handbags, perfume, Luxury Spending

Russia's Furniture Import Taxes Dropped to 10%

May 10, 2013

According to the marketing survey of outlook and situation of wooden furniture, nearly five years of wooden furniture import, the trend of the growth and decline appear alternately. 44.5% growth in 2010 imports of these products, fell ...

Tags: Furniture, wooden furniture

Brazil Will Raise Import Tariffs on 100 Foreign Products to Help Local Industry

Sep 6, 2012

Brazil will raise import tariffs on 100 foreign products to help struggling local industries,Finance Minister Guido Mantega said on Tuesday,in a move that could amplify concerns over growing protectionism in the world's No.6 economy. This ...

Tags: Brazil, import tax, industry

Gold Demand in China Is Expected to Rise up to 30 Percent This Year

May 21, 2012

China–the largest jewellery market for the third consecutive quarter. Global gold demand in Q1 2012 was 1,097.6 tonnes,down 5%from the high demand levels seen in Q1 2011,according to the World Gold Council's Gold Demand Trends ...

Tags: gold, demand, import taxes

RIEN Will Double Its Workforce in China to 1, 800 Employees Over The Next Two Years

Apr 6, 2012

Rieter Holding AG (RIEN), a Swiss textile machinery-maker, will double its workforce in China to 1, 800 employees over the next two years to expand in Asia, Chairman Erwin Stoller said. Rieter may also increase staff in India by about 25 ...

Tags: market view, textile machinery

Brazil Plans to Lower Import Taxes for Machinery Used to Produce Digital TVs

Feb 8, 2012

Brazil plans to lower import taxes for machinery used to produce digital TVs, personal computers, semiconductors and other telecommunications products, O Estado de S. Paulo reported, citing Mauro Borges Lemos, president of the industrial ...

Tags: policy&standard, machinery

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