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European countries with a glut of potato crops have been accused of ‘dumping’ supplies of frozen chips in South Africa, in effect undercutting local producers. However, temporary anti-dumping duties levied against Belgium (23.06%), the Netherlands (104.52%) and Germany (181.05%) have Read more…
Hong Kong and the oil-rich United Arab Emirates (UAE) are set to commence negotiations on a bilateral free trade agreement to boost investment ties between the two economies, the city’s leader has announced during his visit to Dubai.Memorandums of understanding Read more…
Both exports and imports plunged in China last month, official data showed on Friday, as Covid tore through the economy and global demand weakened. Exports contracted by 9.9% in December year-on-year, following an 8.7% fall in November. December’s decline was Read more…
New Delhi, Feb 7 (PTI) The Soyabean Processors Association of India (SOPA) on Tuesday demanded that the government should hike import duty on all edible oils as international prices are expected to remain low in view of record global soyabean Read more…
The risk sensitivity of international capital flow pressures is explored using a new Exchange Market Pressure index that combines pressures observed in exchange rate adjustments with model-based estimates of incipient pressures that are masked by foreign exchange interventions and policy Read more…
Fitch Ratings-Shanghai/Hong Kong-07 February 2023: China’s total cargo throughput was up by 3% yoy in 4Q22, while foreign trade cargo declined by 1% yoy at eight major coastal ports, mainly due to continued weakening overseas demand, says Fitch Ratings. Total Read more…
Key drivers of India’s export growth during FY 2021-22 This is the first time India has achieved its ambitious target of crossing the US$400 billion mark in merchandise exports. Driving the surge in exports is pent up unmet demand during Read more…
Effective participation in international trade is intrinsically linked to the economic development of any country and more so for developing nations. It not only generates employment opportunities but also provides a wide pool of goods and services for customers to Read more…
The onion hysteria in the region has led to a wave of export bans, and it reached Azerbaijan. As EastFruit analysts have already reported, the exports of very expensive onions were banned by Kazakhstan, Uzbekistan, Tajikistan, and Kyrgyzstan. However, in Read more…
Leveraging advantages, inland areas grab competition from big industries China’s central and western regions are expected to further leverage their advantages in combined production costs to attract more foreign investment amid competition from some neighboring countries and the country’s push Read more…