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China Revises Export Tax Policies: New Changes to Tax Benefits
China's Ministry of Finance announced on Friday that it will reduce or cancel export tax concessions on a wide range of products as of 1 December, a change that will have a significant impact on international trade. China, the world's largest exporter of many goods,...
Strengthening Dollar and Falling Precious: Gold and Silver Facing Market Pressures and Structural Deficits
In recent weeks, precious metals markets have experienced significant volatility, with gold and silver at the center of global dynamics related to both U.S. elections and industrial supply and demand trends. Donald Trump's election victory has led to a strengthening...
China and the Gold Market: A Pause in the Race for Reserves and Price Swings
China, a major global player in the gold reserves market, held steady in October, deciding for the sixth consecutive month not to increase its gold reserves. According to official data released on Thursday, China's gold reserves currently stand at 72.8 million troy...
Soaring Tariffs and the Impact on Sea and Air Transport: The Effects of Trump’s Election
Donald Trump's victory in the US presidential election yesterday may begin to affect the shipping market even before he is officially sworn in in January. During the election campaign, Trump proposed new blanket tariffs of 10% to 20% on most of the $3 trillion in...