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Asia Pacific Finance Global Trade

China and Russia to Push De-dollarization Agenda in BRICS 2024

China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization, the United States is playing the sanctions card against China and Russia. What will be […]

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Asia Pacific European Union Global

EU-China Trade: A Tale of Increase & Decrease in Deficit

The European Union (EU), the world’s largest trading block consisting of 27 countries, and China, the world’s 2nd largest economy with a global manufacturing powerhouse, are failing on the economic front to sustain bilateral trade for both export and import businesses. China and the EU dominated the export market worldwide, with more than 17% and […]

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Asia Pacific European Union Trade US & LATAM

G20 Spotlights India’s Trade Discussions with U.S., China & Europe

The G20 Summit spotlighted India’s trade discussions with the United States, China, and European countries. The U.S. and the European Union signed an agreement with India to strengthen trade through building rail and sea routes. In 2022, India’s trade with the United States totaled USD 131 billion, with China totaled USD 117 billion, and with […]

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Asia Pacific Trade

China’s Trade Surplus Has Widened From $686B In 2021 To $877B In 2022

China’s trade has increased significantly over the past years, especially after the pandemic-ridden time in 2020. Amidst the different dynamics of the global economy and multilateral trade, various factors have contributed to a high rise in China’s trade values. The global trade activities rebounded in 2021, followed by the increased production of electronics, automobiles, and […]

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Asia Pacific Trade

Five Countries Other Than China That Rely On South China Sea

Main Points: According to a report, an estimated 21% of all global trade was transited through the South China Sea in 2016. Territorially, there are seven claimants to the South China Sea – Brunei, China, Indonesia, Malaysia, the Philippines, Taiwan, and Vietnam. But to whom does the South China Sea matter most? According to market […]

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Asia Pacific Global Market Trend Oceania Trade

Australia’s Exports to China Jumps in 2021 Despite Their Trade Fight

Australia- China relations have long been marked by fundamental tension. Economically, the two sides have been increasingly intertwined, with Australia providing many of the commodities on which China’s industry relies. From 2011 to 2021, Australia’s exports to China have been constantly rising, despite the Covid-19 pandemic & trade tensions developing between them in 2020. In […]

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Asia Pacific Trade US & LATAM

US Soybean Shipments To China Will Slump After The Delays

The agricultural industry in China contributes to about 18 of the whole world’s cereal grains. It has the largest number of the total output of products, but the cultivation of crops is a lot less than what China output. China uses only 10% of its total area for the crops’ cultivation. China is the biggest […]

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Market Trend Trade

Global Baby Cradles Market Will Rise In The Coming Future

Infant beds and toddler beds (commonly called ‘baby beds’) are some of the most demanding commodities for households with newborns and infants. There are different options for infant and toddler beds including cradles, cribs, bassinet, etc. Baby carriages are vehicle-form baby bed that is remote in nature. The demand for the cradles has risen more […]

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Market Trend Trade

Laptop Stand’s Global Market Will Grow Vigorously… Know Why

Laptop stands are the rising star of the electronics market in the international trade flows. Thanks to the increase in ‘work from home’ regime and increasing use of laptops, rather than desktops (office set-ups). Laptop stand’s global market will grow at a CAGR of 7.7% this year. The global market of laptop stands will grow […]

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ESG European Union Global Trade

EU 2030 Green Hydrogen Target Requires Huge Renewable Power

Key Highlights: EU set a target to produce 50% green hydrogen from renewable power “Fit for 55” proposal also aims to generate 40-GW electrolyser capacity by 2030 EU and China are the biggest competitors in green hydrogen industry The European Union has set a target to cut 55% greenhouse gas emissions by 2030 under its […]

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