Global Sourcing


CHINA’S NEW ENERGY VEHICLES

Go Green! Yes, we often find this slogan everywhere... Chinese Government has decided to boost the new energy vehicles production rapidly. They make a target of having around 600,000 new energy vehicles by 2020. Let's read the full story below! Chinese automakers produced 20,400 new energy vehicles in July, 3.5 times as many as the month last year, after the government promoted the sector, official data showed on Wednesday.   They produced 12,345 new energy passenger vehicles last mont...

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CHINA’S NUCLEAR POWER

Good morning from China! Today we will discuss such an interesting topic about the 'Nuke' a.k.a the Nuclear. As I said on the earlier articles, despite the country's current bad market condition, but this Red Dragon country never fails to surprise us. China just opened up its first nuclear power sector located at Deyang, SiChuan Province to private investment . Let's read the details about this China's nuclear power!   Sichuan province has become the first in China to open its nuclear p...

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DRONES EXPORT RESTRICTION

New month, new spirit! Well, hello August :) On this August's first article, we will discuss about the drones and high-performance computers export from China. Currently, the Chinese Government is tightening the exports of these 2 products for the national security reason. Let's read the full story!   China is tightening controls on exports of some drones and powerful computers and will require firms to register to ensure they do not “compromise national security,” state media report...

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CHINA AND LATIN AMERICA TRADE

Good day! Despite all the bad conditions in the China's stock market, its trading activities are still running well. Currently, China has been strengthening its foreign trade in various ways (such as making new policies, etc.). Not only in the trading / commerce sector, but also in the development sector. They are building the world's largest radio telescope ! In this article, you'll find out about China's current activities  focussing on Latin America or LaTam (for other reference, click her...

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RMB TO TRADE IN A WIDER RANGE

We know from the news that China's capital market is in a hot mess, but what about the trading sector? The Chinese government just set up a policy to improve the exchange rate mechanism and expand the scale of the RMB trade settlements to boost its export. Check the article below to know more details (click here for other reference). China's decision to allow the renminbi to trade in a wider range against the US dollar will help boost exports and improve use of the currency globally, experts s...

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CHINA and CHILE FTA

Hello Monday, I bring good news for you! This is about the China and Chile FTA, and the newest update of its FTA (Free Trade Agreement). An avoidance of DTA (which stands for Double Taxation Agreement) was signed last May by the Premier of PRC, Li KeQiang and other delegation of Chinese senior officials went to Chile. On that particular visit, China and Chile also updated their Free Trade Agreement and agreed to set up an RMB clearing centre in Chile.   Let's dig a little deeper... ...

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