china arab cooperation News

US Tariffs Cut China Exports Hit Shipping Sector

Increased US tariffs on Chinese goods have led to a sharp decline in export bookings from China to the US, forcing shipping companies to cancel sailings. Despite tariff exemptions granted by the US government, a significant volume of transpacific container imports remains affected. Shipping lines like Hede, Matson, SeaLead, TS Lines, and COSCO are facing increased pressure as the industry navigates transformative challenges. The reduction in trade volume is directly impacting their operations and profitability, forcing them to adapt to the new economic landscape.

11/03/2025 Logistics Industry Insights

UPS Adjusts China Parcel Fees Affecting Crossborder Ecommerce

UPS has adjusted its China export parcel fees, introducing new area surcharges and a 'peak season surcharge,' increasing costs for US importers. Businesses need to adjust their strategies to cope with these changes. This includes exploring alternative shipping options, negotiating rates, and optimizing supply chains to mitigate the impact of the increased fees. Understanding the specifics of these new surcharges and their application is crucial for effective cost management and maintaining competitiveness in the global market.

11/03/2025 Logistics

China Expands Service Trade with New Negative List

The Ministry of Commerce is fully implementing the negative list for cross-border service trade, aiming to enhance the level of opening-up, boost market vitality, and promote economic transformation and upgrading. The new policy clarifies the admission "baseline", improves policy transparency, and actively aligns with international rules, bringing new development opportunities for enterprises. Companies should pay close attention to policy trends, adjust their strategies, and operate in compliance to seize the benefits of opening-up. This initiative is expected to foster a more dynamic and competitive environment for the service sector.

11/03/2025 Logistics

China Vs Hong Kong Dhls Ecommerce Edge Compared

This article provides an in-depth comparison of DHL Mainland China and DHL Hong Kong, focusing on differences in pricing, policies, delivery time, and tracking number inquiries. It offers practical advice for cross-border e-commerce sellers on choosing the appropriate DHL service. The study emphasizes the need for sellers to comprehensively evaluate their business characteristics, cost budget, time sensitivity, and specific cargo requirements to select the optimal logistics solution. Ultimately, the best choice depends on a holistic assessment of these factors to ensure efficient and cost-effective shipping.

11/03/2025 Logistics Encyclopedia

Bank of China Streamlines Global Remittances With SWIFT Code

BKCHCNBJ21A is the SWIFT code for Bank of China, ensuring secure and efficient cross-border remittances. This code is associated with specific information for Bank of China in Tianjin. Choosing the correct SWIFT code facilitates smooth capital flow.