Understanding Bonded Goods: Advantages and Applications

Understanding Bonded Goods: Advantages and Applications

Bonded goods refer to products that enter China with customs approval and are exempt from taxes. These items can be stored or processed in designated regulatory areas with the intention of being re-exported, thus temporarily avoiding tax liabilities. However, if they are not re-exported, taxes must be paid according to regulations. Understanding this rule helps enterprises engage flexibly in international trade and enhance economic benefits.

07/21/2025 Logistics Encyclopedia
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Trade Tensions Weaken Global Air Cargo Demand Amid Tariffs

Trade Tensions Weaken Global Air Cargo Demand Amid Tariffs

The Trump administration's tariff policies have increased uncertainty in the air freight market, with freight forwarders postponing negotiations and shippers favoring short-term agreements. Airlines may adjust routes, shifting capacity from China to Southeast Asia or the transatlantic market. Slowing e-commerce demand and regulatory changes are also impacting the market, with Shanghai-US air freight prices dropping significantly. Companies need to diversify their supply chains and optimize inventory management to mitigate trade risks. This includes exploring alternative sourcing locations and improving demand forecasting to reduce reliance on specific trade lanes.

01/08/2026 Logistics Industry Insights
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Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh Joins Revised Kyoto Convention to Enhance Trade

Bangladesh's accession to the Revised Kyoto Convention marks a significant step towards trade facilitation. This convention aims to simplify customs procedures, improve clearance efficiency, enhance trade environment transparency, promote information technology application, strengthen risk management, and foster closer trade partnerships. This will inject new impetus into Bangladesh's economic development by streamlining trade processes and creating a more predictable and efficient trading environment, ultimately contributing to economic growth and competitiveness.

12/30/2025 Customs Knowledge
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North American Firms Shift Supply Chains from China to US Mexico

North American Firms Shift Supply Chains from China to US Mexico

North American companies are accelerating their efforts to reduce reliance on China, a trend often referred to as 'De-Sinicization'. Mexico and the United States are potentially the biggest beneficiaries of this shift. Geopolitical factors are a significant driver behind this supply chain reshaping, pushing businesses to diversify their sourcing and manufacturing locations. This move aims to mitigate risks associated with over-dependence on a single country and build more resilient and geographically diverse supply chains.

01/07/2026 Logistics Industry Insights
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JD Launches First Direct Cargo Flight Route Between China and the US to Boost Crossborder Ecommerce Development

JD Launches First Direct Cargo Flight Route Between China and the US to Boost Crossborder Ecommerce Development

On June 7, JD.com launched its first full cargo charter flight route from Nanjing to Los Angeles, operating three flights per week with Eastern Airlines. This route significantly enhances logistics efficiency between China and the USA, with exports including daily necessities and clothing, while imports primarily consist of fresh produce. Leveraging JD.com's overseas warehouse resources in the US ensures quick delivery, supporting the growth of cross-border e-commerce.

07/28/2025 Logistics
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Sudans Currency Decline Key Factors Driving USD Exchange Rate

Sudans Currency Decline Key Factors Driving USD Exchange Rate

The current exchange rate between the US dollar and the Sudanese pound is approximately 1 USD = 599.9 SDG, meaning that 10,000 USD can be exchanged for 59,990,000.58 SDG. Exchange rate fluctuations are influenced by US economic policies and both domestic and international political and economic factors. Over the past 30 days, the exchange rate has ranged from 598.81 to 600.70, indicating relative stability but with potential volatility.

08/09/2025 Exchange Rate Query
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DSV Launches Shanghaius Charter Route to Bolster Trade

DSV Launches Shanghaius Charter Route to Bolster Trade

DSV launches its new 'Shanghai Star' charter service, operating multiple weekly flights between Chicago and Shanghai starting May 13, 2025. This initiative aims to simplify international shipping, providing guaranteed capacity and specialized handling, accelerating transit times and delivery control, strengthening the DSV air freight network, and facilitating accelerated US-China trade. The service offers a reliable and efficient solution for businesses navigating the complexities of transpacific air cargo.

05/12/2025 Logistics
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WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

WCO UNCTAD Aid Ghanas Trade Reforms Under Mercator Program

The WCO and UNCTAD are supporting Ghana in enhancing its trade facilitation capabilities to implement the WTO Trade Facilitation Agreement, improve its trade environment, and promote economic development. Funding support is provided by the UK's HMRC. This initiative aims to streamline customs procedures, reduce trade costs, and boost Ghana's competitiveness in the global market. By strengthening institutional capacity and promoting international cooperation, the project contributes to sustainable economic growth and regional integration.

01/05/2026 Customs Knowledge
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New Lanzhoumoscow Air Freight Route Enhances Chinarussia Trade

New Lanzhoumoscow Air Freight Route Enhances Chinarussia Trade

The launch of the "Lanzhou-Moscow" international cargo route marks a significant step for Gansu Province in building an air freight corridor to Russia. This route will operate regularly, primarily transporting high-value-added goods, greatly improving the transportation efficiency between the Northwest region and Russia and neighboring countries. It injects new momentum into regional economic development and provides more stable and efficient logistics services for China-Russia trade.

12/30/2025 Logistics
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