1. The US has imposed tariffs on six Allies, including India
Recently, foreign media reported that the US is considering imposing tariffs on six of its Allies, including India.Some Indian media pointed out that the US tariff increase to India this time may reach 25%. The US retaliated after six countries -- Austria, the UK, Italy, Spain, Turkey and India -- proposed imposing a digital tax on US tech giants.
China's cross-border e-commerce retail imports will exceed 100 billion yuan in 2020, the Ministry of Commerce reported recently. Since the pilot of cross-border e-commerce retail import was launched in November 2018, relevant departments and local governments have been actively exploring, constantly improving the policy system and developing in norms. At the same time, the risk prevention and control and supervision system has been gradually improved, equipped with the conditions for wider replication and promotion.
3. India spends money to lure chip companies to set up factories
India will offer more than $1 billion in cash incentives to each company that sets up a chip manufacturing operation, government officials said, Reuters reported. India, meanwhile, is seeking to build up its own smartphone assembly industry and strengthen its electronics supply chain. New Delhi believes it is now the turn of chip companies to set up shop in the country.
4. Argentina has launched a production cooperation plan with China
Recently, Argentina's Ministry of Production and Development held the launch ceremony of Argentina's production cooperation plan with China in Buenos Aires, encouraging Argentine enterprises to expand in the Chinese market. Argentina's production cooperation plan with China is a special plan formulated by Argentina to promote bilateral economic and trade cooperation. It mainly covers six aspects, such as bilateral cooperation, the export plan of small and medium-sized enterprises to China, knowledge economy and trade in services.
5. The fleet size of Greece has broken 350 million dead weight tons
A recent survey showed that Greece, the world's largest shipowner, had increased its fleet by 70 vessels over the past 12 months, equivalent to 9.6m dead weight tonnes. The Greek merchant fleet now stands at a record 350.6 million dead weight tons, with a total of 4,038 vessels. And when it comes to hand-held orders, tankers dominate. Greece's existing fleet accounts for 15.8 per cent of the world's fleet, while crude oil tankers account for 26.4 per cent of the global total.