U.S. Reduces Tariffs on Key Groceries Ahead of 2025 Thanksgiving
U.S. announces tariff cuts on select food imports ahead of 2025 Thanksgiving, potentially impacting Asian exporters and global trade dynamics.
Asia Trade
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China-Laos Railway Transforms Laos’ Rubber Industry and Lives
The opening of the China-Laos Railway has revolutionized Laos’ rubber industry, transforming lives of producers like Phet Jaidee by providing unprecedented market access and boosting economic growth.
From Chancay to Shanghai: A New Era of China-Peru Cooperation
The inauguration of Chancay Port marks a new era in China-Peru relations, strengthening trade links between Asia and Latin America under the Belt and Road Initiative.
From Chancay to Shanghai: New Port Revolutionizes Latin America-Asia Trade
Chancay Port in Peru, a flagship Belt and Road Initiative project, held its grand opening, promising to revolutionize trade between Latin America and Asia by reducing shipping times and costs.
Putin Highlights Russia’s Role in Global Trade Amid Sanctions, Strengthens Ties with Asia
Russian President Vladimir Putin asserts Russia’s key role in global trade despite sanctions, emphasizing increased trade with Asia and use of non-Western currencies.
Global Trade Set to Rebound by 2.6% in 2024, WTO Reports
The World Trade Organization forecasts a 2.6% rebound in global merchandise trade in 2024 after a contraction in 2023, attributing the growth to easing inflation and rising real incomes boosting consumption.
CAEXPO 2024 to Invite Gulf Countries as Special Partners, Announces CPPCC Member
CPPCC member Wei Zhaohui announces CAEXPO 2024 will invite Gulf countries as special partners, promising innovation and expanded collaboration.
EU’s New Packaging Waste Law Signals Shift for Asian Exporters
The EU’s new law to reduce packaging waste could significantly impact Asian exporters, prompting changes in packaging practices and inspiring environmental initiatives across Asia.