Guide to Secure SWIFT Transfers for China Payments

Guide to Secure SWIFT Transfers for China Payments

This article provides a detailed interpretation of the SWIFT code issued by the People's Bank of China, emphasizing the importance of branch codes and offering methods for verification. It also analyzes common pitfalls in cross-border remittances and proposes corresponding preventive measures. The aim is to help readers complete international remittances safely and efficiently. It covers practical guidance on understanding the structure of SWIFT codes within the Chinese banking system and highlights best practices for avoiding errors and potential fraud during international money transfers.

09/03/2025 International Settlement
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Shipping Industry Adapts Strategies Amid Commodity Slump

Shipping Industry Adapts Strategies Amid Commodity Slump

The international commodity market continues its downward trend, leaving the shipping industry facing plummeting freight rates, declining port throughput, and layoffs by shipping giants. This analysis examines the triple headwinds of expected Fed rate hikes, slowing Chinese demand, and falling crude oil prices. It explores how shipping companies can address these challenges by controlling costs, expanding business, embracing technology, and strengthening cooperation. Furthermore, it highlights opportunities in emerging markets and the Belt and Road Initiative, preparing for the 'post-winter era' in the shipping industry.

09/26/2025 Logistics
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US Weighs New Tariffs Amid Rising Trade Tensions With China

US Weighs New Tariffs Amid Rising Trade Tensions With China

The U.S. Trade Representative (USTR) is about to release its final decision on tariffs imposed on Chinese goods, drawing widespread attention. This article provides an in-depth analysis of the impact of tariff adjustments on macroeconomic conditions, industry competition, corporate operations, and geopolitics. It also offers strategic recommendations for businesses, aiming to help them make informed strategic decisions in an uncertain trade environment. The analysis covers potential disruptions to supply chains and explores strategies for mitigating risks and adapting to the evolving trade landscape.

11/03/2025 Customs Knowledge
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Ocean Freight Costs Driven by Supply Demand and Seasonality

Ocean Freight Costs Driven by Supply Demand and Seasonality

Trade lane cost variations are influenced by supply and demand, General Rate Increases (GRIs), and seasonality. High-demand lanes tend to have lower freight rates, while GRI implementation increases them. Peak Season Surcharges (PSS), Chinese New Year, and port congestion also contribute to freight rate fluctuations. Businesses should leverage data analytics to optimize transportation strategies and reduce logistics costs. Understanding these factors allows for better cost management and improved supply chain efficiency. Proactive planning and data-driven decisions are crucial for navigating the complexities of international trade.

11/03/2025 Logistics Encyclopedia
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SF International Opens New Los Angeles Warehouse in US Expansion

SF International Opens New Los Angeles Warehouse in US Expansion

SF International's new Los Angeles warehouse in the Western US is officially operational, marking another milestone in its cross-border logistics strategy. The warehouse boasts a prime location, ample storage space, and enhanced last-mile delivery capabilities, providing efficient and convenient logistics services for cross-border e-commerce businesses. Furthermore, a new warehouse in Delaware, Eastern US, is also set to open soon, creating synergy with the Western US warehouse. This expansion will further assist Chinese enterprises in expanding into the US and global markets.

11/03/2025 Logistics
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US Tariffs Cut China Exports Hit Shipping Sector

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
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Crossborder Ecommerce Adapts to Peak Season Demands

Crossborder Ecommerce Adapts to Peak Season Demands

The peak season for international express delivery is mainly concentrated in October-December (Western holiday shopping season), February-March (Chinese New Year and Western spring procurement), and June-August (e-commerce mid-year promotions and summer consumption peak). Cross-border e-commerce businesses should prepare inventory in advance, optimize logistics solutions, and pay close attention to logistics dynamics to cope with peak season challenges. Proactive planning and efficient execution are crucial for success during these high-demand periods, ensuring timely delivery and customer satisfaction.

11/03/2025 Logistics Encyclopedia
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South Koreas Ecommerce Boom Driven by Solo Households Garage Economy

South Koreas Ecommerce Boom Driven by Solo Households Garage Economy

This article provides an in-depth analysis of the "single-person household" and "garage economy" trends in South Korea, offering product selection strategies for Chinese cross-border e-commerce sellers targeting the Korean market. It highlights the significant potential of the pet supplies and automotive products markets. The article emphasizes that sellers should focus on key factors such as smart technology, high cost-performance ratio, and differentiation to accurately target the market. This approach is crucial for standing out in the competitive Korean e-commerce landscape.

01/04/2026 Logistics Industry Insights
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Coupang Seller Platform Outage Sparks Merchant Backlash

Coupang Seller Platform Outage Sparks Merchant Backlash

Coupang's Seller Central recently experienced a sudden outage, hindering seller operations and potentially impacting consumer experience. The platform initially cited network issues as the cause, but reports suggest a possible link to the surge of Chinese sellers. The incident has raised concerns within the industry regarding the technical support capabilities of e-commerce platforms. The outage caused significant disruption for sellers relying on the platform for their business activities, and questions are being asked about Coupang's preparedness for handling increased traffic and seller volume.

01/04/2026 Logistics Industry Insights
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Amazon Cuts Jobs Amid Economic Downturn

Amazon Cuts Jobs Amid Economic Downturn

Amazon plans to lay off approximately 10,000 employees, marking the largest reduction in its history. The layoffs are attributed to a deteriorating macroeconomic environment and slowing sales, reflecting the growth challenges facing the tech industry. Widespread layoffs are occurring across global tech companies, with domestic Chinese internet giants also affected. Cross-border e-commerce sellers are advised to focus on refined operations, diversify channels, and control costs while awaiting economic recovery. This downturn highlights the need for resilience and adaptability in the current economic climate.

12/31/2025 Logistics Industry Insights
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