Search Results for: China

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has approved establishing disputes settlement panels ruling on whether retaliatory duties imposed by the European Union (EU), Canada, China, and Mexico on US drinks exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

DIGITAL production technologies could help African manufacturers pick up business lost by Chinese rivals because of the trade war in the USA, with brands looking to take advantage of the free trade agreements that many African countries have with the USA and Europe.…

THE ASSISTANT president of a major security technology manufacturer has called at a global aviation conference fort the creation of global standards and rules on aviation security, policed by a single regulator. Daniel Goh, of China-based Nuctech, said a world certification system would reduce costs and the time to market for security innovations, enabling airports and airlines to better respond to developing risks.…

THE WORLD Trade Organisation (WTO) Disputes Settlement Body (DSB) has agreed to establish disputes settlement panels to rule on whether retaliatory duties imposed by Canada, China, and Mexico on US meat exports, imposed in response to America’s controversial steel and aluminium tariffs, break WTO rules.…

THE PERCEPTION of beauty and hence the design and supply of personal care products is slowly changing in sub-Saharan Africa as its increasingly wealthy middle class consumers take a more personalised approach to how they look. The region has a widely diversified consumer-base, whose varied tastes are pushing brands to rethink personalising cosmetics and personal care products like never before. …

MPs in Canada have returned to their House of Commons after the traditional summer break, when they are expected to vote on a draft law, the Cruelty-Free Cosmetics Act, that would ban the testing of cosmetics and their ingredients on annals in Canada and block the sale of personal care products that have been assessed using such techniques.…

COUNTERFEIT foodstuffs were the most common fake good seized by European Union (EU) customs in 2017 – making up 24% of the total – as fakers increasingly look the Internet to sell their illicit wares. Keith Nuthall unpicks the latest EU data on pirated products.…

THE NEW Malaysian government has released its first budget – for 2019 – reducing corporation tax for small-and-medium-sized enterprises (SMEs) from 18% to 17% on their first Malaysian Ringgit MYR500,000 (USD119,484) of taxable income. It has also tightened rules on companies transferring up to 70% of their losses to the balance sheet of a related company – limiting such transfers to three years’ contiguous tax returns, there are currently no time limits.…

THE HONG Kong government has responded to European Union (EU) concerns that its tax system unfairly benefits offshore investment funds by offering them profits tax exemptions. HK is proposing these breaks also apply to onshore funds. The EU had identified these offshore rights as a potentially harmful tax practice, threatening to add HK on its list of non-cooperative tax jurisdictions, potentially sparking financial sanctions.…

THE EUROPEAN car industry has slammed the “excessively aggressive CO2 reduction targets” for new heavy-duty vehicles – trucks and lorries – backed by the European Parliament – the European Union (EU)’s directly-elected legislative body – on November 14 in at the Strasbourg plenary session.…