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07 / 2023
The EU Foreign Subsidy Regulation (FSR) officially applies on July 12 to restrict mergers and public procurement of non-EU companies in the EU. The regulation aims to regulate foreign financial subsidies received by non-EU companies, defining subsidies, loans or conventional tax benefits. Enterprises need to receive financial support of more than €50 million before completing mergers with companies within the EU.
14
07 / 2023
Chinas gross import and export of goods in the first half of this year reached 20.1 trillion yuan, which is the first time to break the 2 trillion yuan, compared to the growth of 2.1%. However, the monthly gross import and export ratio in June decreased by 6%, which has decreased for three consecutive months since the same rate of growth in April this year.
13
07 / 2023
This article details export data from countries around the world in the first half of 2023. Reports from international agencies such as the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO) show that the global supply chains affected by the epidemic are returning to normal, and the shortages of non-essential consumer goods and delays in delivery have improved greatly.
12
07 / 2023
Several major trade union organizations in Italy have announced that they will hold rail and aviation strikes nationwide on 13 and 15 July local time to demand that companies hire more employees, reduce work intensity, renew labor contracts, and provide more job security.
11
07 / 2023
Japan’s plans to discharge nuclear polluted water from the Fukushima nuclear power plant into the Pacific have raised global concerns. The mainland of China and Hong Kong, as the main importing countries of Japanese goods, have expressed extreme concerns about this.
10
07 / 2023
Expected weakness in global trade in the second half of the year: possible risks to the supply chain
International organizations such as the United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO) have predicted that the global trade outlook for the second half of 2023 is not optimistic and that annual trade growth is likely to be lower than previous levels. Factors such as global economic slowdown, inflation, financial market turmoil and geopolitical tensions may pose risks to global trade and supply chains.
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