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18/10/2024
The representative of Vietnam Customs and the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Vietnam exchanged the Action Plan between the General Department of Vietnam Customs (GDVC), the Ministry of Finance of the Socialist Republic of Vietnam and the General Administration of Customs of the People's Republic of China (GACC) on the Mutual Recognition Agreement on Authorized Economic Operator of Vietnam Customs and the Enterprise Credit Management Program of China Customs, on October 13, 2024, at the Government headquarters.
18/10/2024
China’s Ministry of Commerce (MOC) said Thursday that China is studying measures to increase tariffs on imported fuel-powered vehicles with large-displacement engines. The ministry said the decision will be made ‘prudently’ after comprehensive consideration of various factors, MOC spokesperson He Yadong told a press conference.
18/10/2024
Indonesia's plan to impose tariffs on a range of Chinese products in response to alleged industrial overcapacity could harm the country's economy, decreasing the competitiveness of its exports, increasing production costs and consumer prices and risking retaliation from China. A better approach for economic security could lie in utilising multilateral trade agreements and institutions, maintaining economic openness and learning from Australia's handling of China's sanctions.
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