They fall within the diameter range of 1 inch (25.4 millimeters) to 3.5 inches, as well as between 4 inches and 6.25 inches (158.75 millimeters). These carbon steel grinding balls may contain alloy components and are classified under the TIGIE tax code 7326.11.03.
Recently, the exchange rate of the Chinese yuan against the US dollar has seen a slight decline. On September 20th, Zou Lan, Director-General of the Monetary Policy Department of the People's Bank of China, stated that the yuan's exchange rate against the US dollar is indeed crucial, but it does not represent the entirety of the yuan's exchange rate. It is important to pay greater attention to the fluctuations in the yuan's exchange rate against a basket of currencies.
On September 14th local time, the Bulgarian Parliament agreed to lift the import ban on Ukrainian grains starting from September 15th. Therefore, Bulgaria will take a stance against extending the embargo within the European Union.
The CBAM mechanism will initially mainly apply to industries such as cement, steel, aluminum, fertilizer, power, and hydrogen because the production of these goods is carbon-intensive and has the highest risk of carbon leakage. As the coverage scope is expanded, the CBAM will ultimately (in a comprehensive and gradual implementation) capture over 50% of emissions from covered sectors in the EU Emissions Trading System (ETS).
In the first half of 2023, the Global Economic and Trade Friction Index remained at elevated levels every month, although it was generally lower than the same period in the previous year. The data indicates that competition among major countries remains pronounced, but there is a clear trend of policy adjustments by major nations, with measures becoming more targeted and focused.
Reports indicate that approximately 20 technology companies, including Amazon, Apple, Google, Meta (formerly Facebook), Microsoft, and others, will be subject to the impact of the "Digital Services Act." This includes several social media platforms such as Facebook and X.
In the past week, the export container shipping market has shown signs of improvement, with transportation demand rebounding, driving up freight rates on long-haul routes, particularly those serving Europe and the United States.
In the same period of history, China's foreign trade import and export volume surpassed 20 trillion yuan for the first time, reaching 20.1 trillion yuan, with positive year-on-year growth in both the first quarter and second quarter. Specifically, the volume reached 9.76 trillion yuan in the first quarter and 10.34 trillion yuan in the second quarter.
In terms of quarter-on-quarter comparison, the second quarter's import and export volume increased by 6% compared to the first quarter, with both May and June experiencing a month-on-month growth of 1.2%.
According to the latest data released by the General Administration of Customs, in the first half of 2023, China's import and export volume exceeded 20 trillion yuan, and the total value of goods imports and exports reached 20.1 trillion yuan, reaching a new historical high for the same period. Among them, exports increased by 3.7%.
Vietnam has trade relations with over 150 countries and regions worldwide. In recent years, Vietnam has experienced high-speed growth in foreign trade, playing a significant role in driving economic development. Developing the Vietnamese market is crucial for foreign traders.