Posts tagged "exports"

See Mexico Tequila on China’s Top Shelf

MEXICO CITY — China has finally invited Mexico to the party and is letting it bring its finest booze, ending a de facto ban on pure agave tequila.   Tequila makers are celebrating the long-awaited opening of China’s market after President Xi Jinping came here in May and, among other things, announced China would relax the restrictions that have prevented brands like Herradura, Patron, Don Julio, and José Cuervo from exporting there. The industry envisions positioning its tequila ...

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Competitive China Drives US Exports

Key challenges persist - rising costs and competition for talent rank as top challenges while companies report little improvement in China’s regulatory environment.   “US companies are realizing gains after years of investment in China. That’s the good news. But China is a tough place to do business, it always has been, and this year’s China Business Climate Indices quantify that” said Kent Kedl, Managing Director, Greater China and North Asia, Control Risks.   Th...

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Tariff Implementation 2012 in China

China’s Ministry of Finance recently published the “Tariff Implementation Plan 2012 (shuiweihui [2011] No.27),” where it clarified both import and export tariffs on specific products for next year.   Over 700 types of products will be able to enjoy temporary tariff rates, most of which are lower than the most-favored-nation (MFN) tariff rates.   According to the new Plan,   -  The MFN import tariff rates will remain unchanged   -  52 types of ...

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China Being EU’s Top Trade Partner

Trade between China and the European Union (EU) totaled 35.6 billion euros ($49.4 billion) in July, allowing China to overtake the United States as the EU's largest trade partner, the Ministry of Commerce said, citing the latest statistics from Eurostat.   The overall value of China-EU trade in July exceeded that of the EU and the United States by 800 million euros, accounting for 13.4 percent of the region's total imports and exports, according to data released by the EU's statistics...

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