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Trade Development News
- Jan 15
- 3 min
OFFICIAL CHINA TRADE DATA REPORT: Global Trade in 2020 Rebounded After Spring Slump
As the world seeks to recover from the devastation of the Covid-19 pandemic, trade data suggests it’s more dependent than ever on the Chinese export engine - Latest December China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller - For a copy of December's trade data for China and other countries email: andrewk@kwconfex.com China’s full-year numbers show how global trade was almost crippled by the Covid-19 pandemic during
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Trade Development News
- Dec 8, 2020
- 3 min
Global Economy Being Redrawn By Chinese Export Boom
Latest November China Trade Data insights from our partners at Trade Data Monitor, authored by Chief Economist, John W Miller - For a copy of November's trade data email: globaltrade@kwconfex.com What has been building all year exploded into a crescendo in November, as China registered the biggest month of exports in economic history. Buoyed by a rebounding economy as the U.S. and Europe continue to struggle with containing the coronavirus, Beijing reported shipments of $268
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Trade Development News
- Nov 9, 2020
- 3 min
OFFICIAL CHINA TRADE DATA: China Ramps up Exports to EU, US Hampered by Covid - October 2020
We are pleased to share the October China Preliminary Data from our partners Trade Data Monitor, summarised by John Miller. For a copy of 'October Preliminary China Trade Data' feel free to email andrewk@kwconfex.com Trade Data Monitor Partner APAC China maintained its strong 2020 export performance in October, buoyed by a summer of consumer spending in the U.S. and Europe after a locked-down spring. Overall, outbound shipments increased to $237.2 billion, up 11.4% compared t
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Trade Development News
- Nov 3, 2020
- 1 min
Which countries crumble if their manufacturing industry falls?
Some interesting insights and conclusions on vulnerability in manufacturing by Investment Monitor. The Vulnerability Index looks at which locations would be hit hardest if their manufacturing sector experienced a downturn. Globally, manufacturing has faced a challenging year in the wake of the Covid-19 pandemic. From supply chain breakdowns, workforce restrictions and unprecedented volatility in demand, manufacturing has indisputably been impacted. This has had a ripple effec
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Trade Development News
- Oct 22, 2020
- 3 min
UNCTAD - Global trade shows frail recovery in third quarter, but outlook remains uncertain
UNCTAD estimates show a 5% drop in world trade in the third quarter of 2020 compared to 2019, an improvement from the 19% decline in the second quarter but insufficient to pull trade out of the red. Global trade recorded a 5% drop in the third quarter of 2020 compared with the same period last year, according UNCTAD’s new Global Trade Update published on 21 October.
This marks an improvement on the 19% year-on-year plunge recorded in the second quarter, and UNCTAD expects the
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Trade Development News
- Oct 16, 2020
- 3 min
CHINESE DEMAND BOOSTS COVID-19 RECOVERY
Latest Official China Trade Statistics from our partners Trade Data Monitor by Lead Economist John Miller China, the world’s most powerful trading nation, this week reported September exports of $239.8 billion, up 9.9% over a year before. The strong performance suggests that the global economy may be recovering from the devastating impact of the Covid-19 pandemic, which has infected over 38 million and killed over a million people around the world. Significantly, imports clim
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Trade Development News
- Oct 14, 2020
- 2 min
Chinese trade grows as others struggle amid pandemic
China has recorded strong growth in trade, while other major economies still struggle with the impact of coronavirus. Exports in September rose 9.9%, while imports grew 13.2%, official data show. The rush of imports cut China's usually meaty trade surplus - the amount by which exports exceed imports - to $37bn from $59bn in August. Most other large economies are expected to suffer large contractions as lockdowns and public fear cut spending. But the data suggests a rapid reco
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Trade Development News
- Sep 25, 2020
- 1 min
At the centre of International Trade, Investment & FDI in Asia for 10 years!
KW Group has been leading capacity building and technical networks for donors, governments, academia, associations & enterprise clients in the region since 2010. We specialise in Inbound & outbound trade & investment, FDI, healthcare, digitalisation, customs, compliance, anti illicit trade, supply chain security, technologies & intelligence COUNTRIES WE COVER: China | Malaysia (HQ) | Singapore | India | Australia | New Zealand | Indonesia | Brunei | Thailand | Vietnam | Cambo
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Trade Development News
- Sep 15, 2020
- 3 min
IBM - Digital Trade Principles for the Post-COVID Age
By Michael DiPaula-Coyle - Central to any #digitaltrade agenda should be three core principles: 1. Enable the Free Flow of Data 2. Protect Source Code and Algorithms 3. Ensure technology choice and encourage open digital architectures COVID-19 has created unprecedented disruptions in the global economy, the full impact of which will not become clear for years to come. Companies of all sizes are grappling with how to conduct business, reach customers, and maintain supply chain
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Trade Development News
- Sep 14, 2020
- 2 min
ADB Releases Latest Statistical Report for Asia and Pacific, Updates Database
Asian Development Bank (ADB) today launched the latest edition of its annual statistical report for the region, Key Indicators for Asia and the Pacific 2020, and an update to its online database, Key Indicators Database. Key Indicators 2020 presents a comprehensive set of economic, financial, social, and environmental indicators, including for the Sustainable Development Goals (SDGs), for ADB’s 49 regional members covering the years from 2000 to 2019. A key statistic in the r
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Trade Development News
- Sep 8, 2020
- 3 min
OFFICIAL AUG TRADE DATA: The business of China is strong
By John W. Miller, Chief Economic Analyst - Trade Data Monitor - The business of China is strong. The country’s exports increased to $235.3 billion in August, up 9.5% compared to the same month a year ago. Because China still reigns supreme as the world’s top maker and exporter of manufactured goods from car parts to computers, its trading performance is closely watched as business and government leaders try to figure out where the global economy is headed in the midst of the
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Trade Development News
- Aug 20, 2020
- 3 min
SERVICE AT THE BORDER – KEY STEPS FOR TODAY AND TOMORROW
Insight perspectives by ALEXANDER DE VOET, Manager, Global Consulting Lead, Accenture Border Services In my previous blog, I looked at some of the challenges border agencies face as they address the flows of people and goods in a world that is increasingly volatile, unpredictable, complex and ambiguous (‘VUCA’). To adapt and evolve their services to better meet these challenges, agencies need to start seeing the world from the point of view of the travellers and traders that
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Trade Development News
- Aug 14, 2020
- 2 min
Chinese July trade data tells story of how there are 2 economies in the world right now
Chinese July trade data tells story of how there are 2 economies in the world right now: transportation-based (cars, shoes, luggage, oil) slumping, and home-based (high-tech, phones, toys, food), booming. Chinese exports unexpectedly rose in July, thanks to booms in demand for high-tech gear needed for workers staying at home, according to an analysis by Trade Data Monitor, the world’s premier source of export and import statistics. As the world’s number one manufacturer and
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Trade Development News
- Aug 13, 2020
- 2 min
IHS Markit: The worst quarter in trade on record
While the findings are hardly a revelation it is interesting to see the patterns and have a view on next steps. Interesting pointers on prospects for the forthcoming months. Key points: China mainland is the only top economy showing signs of recovery in Q2 2020 both in exports and imports Overall, the Q2 of 2020 is the worst quarter in global trade on record Year-on-year changes in exports in May 2020 were negative for all reporting states including China (-3.3%), Brazil (-14
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Trade Development News
- Aug 12, 2020
- 3 min
GAC: China's foreign trade can achieve high-quality development
Interview with Ni Yuefeng, Head, General Administration of Customs (GAC) China: China's foreign trade has the conditions and capabilities to achieve high-quality development even though COVID-19 has dealt a heavy blow to the global market. According to World Trade Organization (WTO) estimates, the volume of global merchandise trade would slump by around 18.5 percent year on year in the second quarter of this year and by 13 percent throughout 2020. Amid increasing uncertaintie
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Trade Development News
- May 16, 2020
- 1 min
IMF: Tracking Trade During the COVID-19 Pandemic
With the current fast-changing developments, policy makers need to know what is happening to the economy in real time, but they often must settle for data telling them what happened many weeks ago. And international trade, which links countries through a complex web of supply chains, is an area where timely information is especially valuable from a global perspective. Most trade takes place by sea, and—for navigational safety purposes—virtually all cargo ships report their po
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Trade Development News
- May 13, 2020
- 1 min
Trade Balance Indonesia: Trade with China Comes on Steam Again After Lockdown Ends
Last month we basically came to the conclusion that the novel coronavirus (COVID-19) crisis has a direct (short-term) positive effect on Indonesia’s trade performance (although the longer term consequences are clearly negative) as Indonesia managed to boost exports (possibly because it filled the gap left by China’s lockdown), while imports into Indonesia fell markedly (partly because of the lower need for inputs for export-oriented output), thus leading to a comfortable trad
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Trade Development News
- May 11, 2020
- 1 min
A Shift in Trade as Consumer Spending Declines, China April 2020 Trade Data Shows
As the first country to suffer the impact of the coronavirus, China is leading the way in restarting its economy, and its performance offers some clues to what the U.S. and EU can expect for the rest of the year. To some, China’s performance is a sign of resilience. Markets on Thursday rose to the announcement by China’s General Administration of Customs that exports in April had increased 3.5% compared to the same month a year ago. However, the longer-term outlook is likely
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Trade Development News
- Feb 28, 2020
- 2 min
How Can Trade Compliance Heads Leverage Data & Technology In Uncertain Times For Trade?
''Leveraging Data & Innovative Technologies to Comply with Trade Regulations, Mitigate Risks & Maintain Operating Margins in an Increasingly Uncertain Cross-Border Trade Environment" As part of the preparations for GTDW China Trade Development Forum, June, Shanghai we are pleased to announce the Trade Compliance Leaders Panel Discussion and welcome top international speakers; Dr Ali Salamat, Economic Adviser-Trade Economist, the Directorate of International Trade, Oceans and
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