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The investigation reflects South Africa's broader efforts to protect its domestic tyre industry, which has faced challenges due to an influx of low-cost imports. Authorities are particularly concerned that Vietnamese tyres may be sold at prices below their fair market value, undermining local manufacturers and leading to potential job losses within the sector.
A major topic of the meeting was the development of transportation and logistics networks to facilitate smoother trade routes between the participating countries.
The downturn is largely attributed to escalating trade tensions between Japan and China. The two nations, historically major trading partners, have been engaged in a series of disputes that have increasingly affected bilateral trade. China, Japan's largest food export destination, has imposed stricter regulations and tariffs on Japanese agricultural products, which has led to a noticeable reduction in exports.
China's Ministry of Commerce conducted a significant hearing on the anti-dumping investigation into EU brandy imports. Representatives from the EU, including embassies of France, Spain, and Italy, along with exporters and associations, attended, highlighting the investigation's broad impact.
China's welcoming German Chancellor Scholz in April, but it's more than just a business trip. It's a test of balancing acts: can China boost trade, soothe tensions over Ukraine, and convince the world it's a responsible player?
Chinese EV giant BYD takes a bold step towards European dominance with a new Berlin store.
In a visionary leap, Turkmenistan unveils ambitious goals to propel its digital landscape, focusing on advancing e-commerce and fueling the digital economy. The nation's strategic vision promises to usher in a new era of technological growth and economic dynamism.