Search Results for: China

JAPAN and South Korea have many similarities in AML/CFT terms, being the only countries in north-east Asia with democratic, open societies, who also run their economies according to standard free market principles. They are also both developed industrial economies in which the rule of law is applied consistently and transparently.…

THE TRADE war between the USA and China that has seen both sides impose a wide range of duties on each other’s exports has depressed Australian wool prices though a reduction in demand from key Chinese buyers.

Australian Council of Wool Exporters and Processors executive director Peter Morgan told just-style that the Washington-Beijing stand-off has come during other events depressing wool sales: “Events such as the US, China trade wars, US, India trade disputes, the US, Iran political tensions and the negative rhetoric during the recent G20 meeting” have been  disruptive and this obviously “effect global economic confidence,” he said.…

Brazilian beef exports to the United Arab Emirates (UAE) saw an increase of 439.84% year-on-year in the first half of 2019, according to figures issued by the Dubai-based Arab Brazilian Chamber of Commerce. Brazilian beef sales to all Arab countries were up 47.62%.…

GLOBAL food and beverage company Nestlé’s restructure in the EMENA (Europe, Middle East and North Africa) region, which began in 2017, has delivered improved efficiencies and performance, according to Marco Settembri, Nestlé’s executive vice-president and EMENA zone CEO.

“It’s always a question of evolution,” Mr Settembri told just-food before the opening session of the July 4-5 2^nd European Entrepreneurship Education summit in Lille, northern France,* in which he was to speak.…

BULGARIA’S plastics industry has been making the most of the growing demand for supplies from major western markets. The sector has been particularly buoyant over the past five years, with Bulgaria’s comparatively low costs and occasional regulatory light touch making its plastics companies competitive with competitors in western Europe.…

THE EUROPEAN cosmetics sector will continue to maintain that the European Chemicals Agency (ECHA)’s microplastics restriction proposal is disproportionate, industry experts told European personal care association Cosmetics Europe’s annual conference 2019.

At the June 12-13 meeting in Brussels, they claimed ECHA’s January 2019 proposal should be proportionate, coherent, effective and enforceable – but, at present, looking at the existing proposal, this is not the case.…

A MEMORANDUM of understanding (MoU) has been signed by the Hong Kong Securities and Futures Commission (SFC) with China’s ministry of finance and the China Securities Regulatory Commission (CSRC) boosting SFC access to audit working papers from audits of HK-listed mainland companies.…

VIETNAMESE technical textile producers look set to capitalise on the ongoing trade war between the US and China with an increase in approaches from American automotive supply chain clients already being witnessed.

In May, the Trump regime increased tariffs on USD200 billion of imported Chinese goods, including many technical textiles and end-products made of technical textiles.…

OIL and gas companies based outside the USA and China, are enjoying potential tariff-based trade advantages in the American and Chinese markets because of the deepening trade war between the world’s two largest economies.

President Donald Trump has authorised an increase in 10% duties to 25% on China-exported refined and crude oils and motor fuels (including kerosene), natural gas, liquified natural gas, liquified petroleum gas, and naphtha.…

EUROPEAN Union (EU)-based paints and coatings companies and their suppliers are enjoying potential tariff-based trade advantages in the USA and China because of the deepening trade war between the world’s two largest economies.

A wide range of paints, coatings and input chemicals imported from China to the USA are now attracting additional duties of 25%, compared to 10% previously.…