Renminbi Gains As Digital Payments Evolve Globally

Renminbi Gains As Digital Payments Evolve Globally

This paper analyzes the global payment status of RMB, Twitter username auctions, and changes in European consumer payment preferences based on SWIFT data, Twitter trends, and ECB consumer payment research. The RMB remains the fifth most active currency globally. Twitter is exploring username auctions to increase revenue. ECB research shows a decline in cash payments and the rise of digital payments. These trends are collectively shaping the future of finance and commerce.

02/11/2026 International Settlement
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US Slaps Heavy Duties on Chinese Float Glass

US Slaps Heavy Duties on Chinese Float Glass

The US Department of Commerce announced high anti-dumping and countervailing duties on float glass from China. Chinese companies face dumping margins ranging from 151.29% to 181.54%, which will significantly impact China's exports of float glass to the United States. Malaysian companies face relatively lower dumping margins, with some even being determined to have zero dumping. This decision is expected to further strain trade relations between China and the US in the glass industry.

02/12/2026 Customs Knowledge
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Holiday Retail Sales Surge After Strong November

Holiday Retail Sales Surge After Strong November

November retail data showed strong performance, suggesting potential growth for the holiday shopping season. Data from the Commerce Department and NRF indicated both month-over-month and year-over-year increases in retail sales. However, the post-Thanksgiving sales decline serves as a reminder against excessive optimism. Improved economic fundamentals and stable supply chains support holiday spending. Looking ahead to 2015, consumer spending faces both opportunities and challenges, requiring retailers to maintain cautious optimism.

02/03/2026 Logistics Industry Insights
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Chinas COSCO Adapts to Shifts in Global Trade

Chinas COSCO Adapts to Shifts in Global Trade

China COSCO Shipping Corporation (COSCO), as the flagship of China's shipping industry, has become a global leader in the maritime sector through diversified business layout and global strategic expansion. Its vast fleet size, extensive route network, and significant role in the 'Belt and Road' Initiative, enable it to play a crucial role in global trade. COSCO's influence spans across various shipping segments, solidifying its position as a key player in facilitating international commerce and logistics.

02/02/2026 Shipping Company Encyclopedia
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Italy Expands Mediterranean Ports to Boost Trade

Italy Expands Mediterranean Ports to Boost Trade

Italy boasts several important maritime ports, including Genoa, Gioia Tauro, Naples, Livorno, and Venice. These ports play a crucial role in the Italian economy and global trade due to their strategic geographical locations and advanced facilities. They serve as vital bridges connecting Italy to the rest of the world, facilitating international commerce and contributing significantly to the nation's economic prosperity. Their efficient operations and connectivity are essential for Italy's participation in the global marketplace.

02/02/2026 Port Encyclopedia
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WCO Standardizes Global Customs Procedures to Boost Trade Efficiency

WCO Standardizes Global Customs Procedures to Boost Trade Efficiency

The World Customs Organization (WCO) actively promotes the standardization, harmonization, and security of global customs data through the work of the Data Model Project Team (DMPT) and the Information Management Sub-Committee (IMSC). By developing data models, revising maritime standards, and exploring emerging technologies, the WCO strives to build a more efficient, secure, and convenient global trade environment. This work lays a solid foundation for global trade connectivity and facilitates seamless international commerce.

02/03/2026 Customs Knowledge
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Quality Content Boosts Affiliate Marketing Success

Quality Content Boosts Affiliate Marketing Success

In the era of social commerce, high-quality content is crucial for successful affiliate marketing. Brands should incentivize affiliate partners to create exceptional content through commissions, tiered incentives, non-monetary benefits, and content co-creation. This will enhance brand influence and user loyalty, ultimately leading to sustained brand value growth. Focusing on content quality within affiliate programs strengthens brand reputation and fosters deeper connections with consumers, driving long-term success in the competitive digital landscape.

12/30/2025 Logistics Industry Insights
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China Strengthens Steel Export Rules to Boost Quality Trade Fairness

China Strengthens Steel Export Rules to Boost Quality Trade Fairness

The Ministry of Commerce and the General Administration of Customs jointly announced that export license management will be implemented for certain steel products starting January 1, 2026. This measure aims to regulate steel export trade, improve product quality, and maintain international trade order. Exporters will be required to provide export contracts and quality certificates when applying for licenses. The implementation of the new regulations will promote the healthy development of the industry.

01/15/2026 Customs Knowledge
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US Chamber Touts USMCA As Vital for North American Trade

US Chamber Touts USMCA As Vital for North American Trade

The U.S. Chamber of Commerce has reiterated its strong support for the USMCA in a new letter to the USTR. The USMCA guarantees U.S. businesses tariff-free access to the Canadian and Mexican markets, fostering a level playing field and enabling companies to expand within North America. This agreement is crucial for enhancing the global competitiveness of American businesses. It serves as a key to unlocking opportunities in the North American market.

01/15/2026 Customs Knowledge
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US Retail Sales Show Mixed Trends in February

US Retail Sales Show Mixed Trends in February

February retail sales data released by the U.S. Department of Commerce and the National Retail Federation (NRF) indicate a slowdown in overall retail growth, with varying performance across different sectors. Online sales continue to rise, while categories like apparel experienced declines. Retailers need to closely monitor macroeconomic conditions, optimize product mix, and strengthen online channels to address challenges and seize opportunities. This includes adapting to evolving consumer preferences and potential impacts from broader economic factors.

01/16/2026 Logistics Industry Insights
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