Industry News

  • Precautions for wearing Clogs -part A

    Precautions for wearing Clogs -part A

    Summer has arrived, and the popular cave shoes have frequently appeared on the streets again. In recent years, safety accidents caused by wearing perforated shoes have been constantly occurring. Are perforated shoes really that dangerous? Are there safety hazards when wearing slippers and soft so...
    Read more
  • U.S. House of Representatives unanimously approves draft revoking China’s developing country status

    U.S. House of Representatives unanimously approves draft revoking China’s developing country status

    Although China currently ranks second in the world in terms of GDP, it is still at the level of a developing country on a per capita basis. However, the United States has recently stood up to say that China is a developed country, and even established a bill specifically for this purpose. A few d...
    Read more
  • The 24th Jinjiang Shoes Fair officially opened

    The 24th Jinjiang Shoes Fair officially opened

    The 24th China (Jinjiang) International Footwear and the 7th International Sports Industry Expo will be held at the Jinjiang International Convention and Exhibition Center from April 19th to 22nd, and a total of three major categories of shoe body products, shoe textile materials, and mechanical ...
    Read more
  • Introduction of China Import and Export Fair

    Introduction of China Import and Export Fair

    (The following information comes from the official website of China Canton Fair) China Import and Export Fair, also known as the Canton Fair, was established in the spring of 1957. Co-hosted by the Ministry of Commerce of PRC and the People’s Government of Guangdong Province and organized...
    Read more
  • China is loosening restrictions

    China is loosening restrictions

    Nearly three years into the global pandemic, the virus is becoming less pathogenic. In response, China’s prevention and control measures have also been adjusted, with local prevention and control measures being scaled back. In recent days, many places in China have made intensive adjustment...
    Read more
  • Just now! RMB exchange rate rises above “7″

    Just now! RMB exchange rate rises above “7″

    On December 5, after the opening of 9:30, the onshore RMB exchange rate against the US dollar straight up, also rose through the “7″ yuan mark. The onshore yuan traded at 6.9902 against the US dollar as of 9:33 am, up 478 basis points from the previous close to a high of 6.9816. On Se...
    Read more
  • China announces optimization of COVID-19 rules

    China announces optimization of COVID-19 rules

    On November 11, the Joint Prevention and Control mechanism of The State Council issued a Notice on Further Optimizing the prevention and control Measures of the Novel Coronavirus (COVID-19) epidemic, which proposed 20 measures (hereinafter referred to as the “20 measures”) for further...
    Read more
  • China’s imports and exports continue to grow

    China’s imports and exports continue to grow

    Recently, despite the impact of the global economic slowdown, weakening demand in Europe and the United States and other factors, China’s import and export trade still maintained a strong resilience. Since the beginning of this year, China’s main coastal ports have added more than 100...
    Read more
  • The yuan’s exchange rate against the dollar rose above 7

    The yuan’s exchange rate against the dollar rose above 7

    Last week, the market speculated that the yuan was approaching 7 yuan to the dollar after the second sharp decline of the year that began on August 15. On September 15, the offshore yuan fell below 7 yuan to the US dollar, sparking heated market discussion. As of 10 o ‘clock on September 16...
    Read more
  • End of an era: The Queen of England passed away

    End of an era: The Queen of England passed away

    The end of another era. Queen Elizabeth II died at the age of 96 at Balmoral Castle in Scotland on September 8, local time. Elizabeth II was born in 1926 and officially became Queen of the United Kingdom in 1952. Elizabeth II has been on the throne for more than 70 years, the longest reigning mon...
    Read more
  • The U.S. is weighing its stance on tariffs against China

    The U.S. is weighing its stance on tariffs against China

    In a recent interview with foreign media, US Commerce Secretary Raymond Mondo said that US President Joe Biden is taking a very cautious approach to the tariffs imposed by the US on China during the Trump administration and is weighing various options. Raimondo says it gets a little complicated. ...
    Read more
  • White House signs Inflation Reduction Act of 2022

    White House signs Inflation Reduction Act of 2022

    US President Joe Biden signed the $750bn Inflation Reduction Act of 2022 into law on Aug 16. The legislation includes measures to combat climate change and expand health care coverage. In the coming weeks, Biden will travel across the country to make the case for how the legislation will help Ame...
    Read more