There are three commonly used ways of payment: Remittance, collection, and letter of credit(L/C). Remittance- M/T, T/T, and D/D PayPal, a wholly-owned subsidiary of eBay, is currently the world's largest online payment provider and the most commonly used payment method in cross-border transactions. Paypal is available to anyone with an email...
What has been bullish in 2021? It is the RMB exchange rate. On the first trading day of this year (Jan 4), the spot exchange rate of RMB against the US dollar opened at 6.5195 and rose to 6.4691 on the 15th. Multiple favorable resonances account for the recent continuous...
The negotiations on the future relations between the United Kingdom and the European Union came to an end, with they reaching a trade agreement....
While Santa’s factories are rumored to be hidden in the mountains of Lapland (or at the North Pole), some people are doing the heavy lifting when it comes to Christmas decorations. According to data extracted from the UN Comtrade database, China accounts for 70 percent of global exports of Christmas tree...
Affected by the COVID-19, global trade and investment suffered heavily in 2020: US stocks suffered circuit breakers for four times, the world economy has fallen into recession, and enterprises faced great challenges. Despite the increasing instability of the external environment, under Chinese effective epidemic prevention and control and corresponding supporting policies,...
Despite a global coronavirus pandemic, 2020 has transformed into the year it all came together for the country’s capital markets. With the influx of foreign capital, more than 1 trillion yuan of stocks and bonds have been snapped up. Due to the increasingly improved financial system and efficient epidemic prevention and control,...
In the second quarter of this year, China became the largest source of UK imports for the first time, accounting for one in every seven pounds of goods imported, according to data released by the Office of National Statistics (ONS) a few days ago. Chinese companies have exported 11 billion...
At the beginning of the 21st century, Western economists compared India and China with ‘ the battle between dragon and elephant’, and took India as the hope of Asia, which is also the Chinese biggest rival and is even more a model of democracy. India, like China, has a large...
In 2020, the unexpected coronavirus caused a sharp decline in the economies in many countries. But the data from CB Insights showed that global unicorn companies doubled in these two years, becoming a significant increase in world economic data. According to the ranking, the United States still ranks first and China follows. Companies from these two countries account for 70% of the totals. The...
RemaxWorld Summit & Expo 2020, a professional exhibition in the office equipment and consumables industry, was held on Nov 20-21 at the Zhuhai International Convention and Exhibition Center. The consumables exhibition provides a platform for learning, trade, and exchanging ideas in the office industry. As the national printing consumables capital, Zhuhai...
