The processing trade is one of the sectors most affected by rising labor costs in China. In the eyes of some Westerners, China's labor-intensive processing trade has lost its competitiveness, but the ...

The processing trade, which has become hugely popular in China, involves domestic firms obtaining raw materials or intermediate inputs from abroad, processing them locally, and exporting the ...

China's recent initiative to bolster processing trade activity will offer export-oriented companies more options to sustain growth in 2024, thus aiding in the transformation from a labor-intensive ...

This aerial photo shows a cargo ship at a smart container terminal of Tianjin Port in north China's Tianjin, July 7, 2023. [Photo/Xinhua] Chinese authorities have rolled out a guideline to improve the ...

Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. [Photo by Yu Fangping / For China Daily] China will create fresh momentum for exports in ...

In the fast-evolving world of trade finance, digital transformation is no longer optional. It is driven by changing customer expectations, a relentless quest for efficiency, and a growing need for ...

David is comprehensively experienced in many facets of financial and legal research and publishing. As an Investopedia fact checker since 2020, he has validated over 1,100 articles on a wide range of ...

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, outlined a vision for institutional trade processing that ...

The global OTC derivatives market grew to over USD 15 trillion in 2020, while notional amounts outstanding rose to over USD 600 trillion [1]. And derivatives are available on virtually every possible ...

Trade finance refers to products and financial instruments used to facilitate the export and import of trade and commerce—and, thereby, the smooth conduct of business. Some of the most popular ...