Jinjiang Zhongzhi Textile Co., Ltd.
  • NATO enlargement
    NATO enlargement
    Washington looks forward to NATO Secretary-General Jens Stoltenberg's visit to the United States on June 1, STATE Department spokesman Ned Price said May 31, According to Sputnik news agency. asked whether Washington still expects a quick resolution of the NATO membership disputes between The two countries and Turkey over Helshingy and Stockholm, Price said the issue is on the agenda for upcoming discussions between THE U.S. leadership and the NATO secretary general in Washington on June 1.
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  • US COVID-19 map: Tracking cases and deaths
    US COVID-19 map: Tracking cases and deaths
    Context from www.usatoday.com The number of people diagnosed with COVID-19 grows every day throughout the U.S. and across the world. The numbers on this page are based on the latest statistics available, and are likely far lower than the actual number of cases because of limited testing. We know that at least 76 million people have contracted COVID-19 in the U.S. and more than 900,000 have died. Here's the situation as it stands:   The number of people diagnosed with COVID-19 each day peaked in January of 2021 and then decreased over the next several months as several vaccines became publicly available. The number of new cases began rising again in July.
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  • How to handle orders from Russia and Ukraine?
    How to handle orders from Russia and Ukraine?
    As the situation between Russia and Ukraine deteriorates and the conflict intensifies, the impact on logistics is getting bigger and bigger. A number of shipping companies, including Maersk, Mediterranean Line, CMA and Hebreot, have announced that they will not call at Ukrainian ports from today and will stop accepting new bookings to or from Ukraine until further notice. Russia has also closed its airspace over its border with Ukraine, affecting air cargo. It is reported that China is now Ukraine's largest trading partner, and the trade volume of goods between China and Ukraine in 2021 reached a record high. Now tensions between Russia and Ukraine are escalating again, which also makes businesses engaged in China-Ukraine trade in Yiwu, Zhejiang province feel a strong "chill". Many businesses say they are getting fewer orders from Ukrainian customers. In a joint statement, the United States, the European Commission, Germany, France, The United Kingdom, Italy and Canada decided to exclude Some Russian banks from the SWIFT payment system and impose restrictions on Russia's central bank, This means that Russian banks will not be able to communicate safely and effectively with foreign banks.
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  • Exchange rates, shipping, power cuts!
    Exchange rates, shipping, power cuts!
    The exchange rate and sea freight have remained high for nearly half a year, and the recent surge in raw materials has shrunk the meager profits of many manufacturers. A little carelessness might lead to orders at a loss. On New Year's Day 2022, Indonesia suddenly announced a halt to coal exports, and the domestic power supply will be tight. For some manufacturers, price rise is a helpless but inevitable choice. -------------------------- Margins are particularly low. In this situation, you can't withstand any external fluctuations. For example, if the raw material moves a little bit, you have to raise the price. If the exchange rate moves a little bit, you have to raise the price. And then you adjust the labor costs and you raise the price. The reason is that your margins are too low to cover any extra costs or expenses. That is why, the customer always emphasizes that you are the best at raising prices, and many of his Chinese suppliers do not raise prices as often as you do. And the reality is, someone else might start with a higher profit than you, and every time you change your price, they might change it three or four times. Because others usually do not rise in price, a little movement can maintain the same, and then to rise in price, a rise in place. In this way, the customer has a comparison, feel that you always raise prices, while others may only raise once a few months, relatively stable. He would feel that way. Even if your price is reliable, but again and again to adjust the price, give people the mentality of expectations, is very poor. --------------------------- Raw material prices are rising, how to tell customers, export companies are also getting lower and lower profits. With customers to mention "price" is a very troublesome thing, it is not easy to win the customer three up two not up to the customer to run up, so for how to raise prices with customers, this is a salesman very headache, but not to raise prices will be losses, so have to mention. So the next thing to do is how to negotiate the price increase with the customer.
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  • Recent Business Prospective
    Recent Business Prospective
    Recent Business Prospective 1. The central parity rate of the renminbi rose against the dollar, euro and yen yesterday. 2. Brazil's GDP shrank 0.1 per cent in the third quarter from the previous quarter. 3. Amazon's average in-site cost ratio rose to 34% 4. International air freight capacity is tight, freight price is new high 5. Shopee is testing short video
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  • Biden, Xi meet as US-China chasm widens
    Biden, Xi meet as US-China chasm widens
    On Nov. 15th, President Joe Biden opens a virtual meeting with China’s Xi Jinping saying his goal was to ensure competition “does not veer into conflict.” The two leaders are meeting by video amid mounting tensions in the U.S.-China relationship. 
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  • Russia and Belarus sign a decree on union integration
    Russia and Belarus sign a decree on union integration
    Moscow, Nov. 4 (ItAR-Tass) -- Russian President Vladimir Putin and His Belarusian counterpart Alexander Lukashenko on Thursday approved the union Plan -- a document defining further integration between Moscow and Minsk. The two leaders also approved a new version of the military doctrine and the idea of migration during a meeting of the Top State Council of the Russia-Belarus Alliance held via video link. The Russian leader pledged that Moscow would continue to "provide assistance to the brotherly belarusian people" in the future. The Belarusian leader said the alliance was a "priority of priorities" for Minsk. After more than three years of research, the alliance's plan was finally agreed in early September 2021. The documents approved are mainly about economic integration: creating a common market for natural gas, oil and its products and electricity, unifying agricultural and industrial policies and setting common rules in various areas, the report said. In Mr Lukashenka's words, Russia and Belarus are in effect starting to "restart the joint economic space". It is now up to Moscow and Minsk to implement what has already been agreed. Russian Prime Minister Mikhail Mishustin told the meeting that more than 400 decrees and bilateral agreements must be adopted for this purpose. "It's essentially creating new rules," he said. It's a massive undertaking." The new alliance military doctrine, which replaced the 2001 version, has been in the works for several years. Two weeks ago, Russian Defence Minister Sergei Shoigu said the new document was designed to counter threats and pressure from the "western collective". The two sides did not say at the meeting what specific provisions the new doctrine changed, but Mr. Lukashenka stressed that Russia and Belarus were preparing to strengthen the regional military cluster of the alliance's countries, "which recent events have shown to be a reliable security shield for the entire post-Soviet space." On a common immigration policy ideas, fitting into the file includes: about the exchange of stay in Russia and belarus third country citizens information agreement, agreement on joint effort to crack down on illegal immigration, agreements on mutual recognition of visa - as the Russian foreign ministry said earlier that the results will promote to form the "schengen mechanism" of the two countries. At the meeting, Mr. Putin stressed that true economic integration could not be achieved "without progress in establishing a unified immigration and visa space," but that "all security risks must be taken into account." Russian President Vladimir Putin and His Belarusian counterpart Alexander Lukashenko signed a decree on the integration of the Russia-Belarus alliance, RIA Novosti reported in Moscow on November 4. The decree defines 28 alliance plans agreed by the two sides in September. The union's plans involve integration of currency regimes, common principles for indirect taxation and a common stance on pensions, soci...
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  • General Administration of Customs: China's import and export value surged year on year
    General Administration of Customs: China's import and export value surged year on year
    According to customs statistics, the value of China's imports and exports in the first 10 months of this year was 31.67 trillion yuan, up 22.2 percent year on year. Exports totaled 17.49 trillion yuan, up 22.5% year on year; Imports reached 14.18 trillion yuan, up 21.8% year on year; The trade surplus was 3.31 trillion yuan, up 25.5 percent year on year. China's import and export value reached 3.34 trillion yuan in October, up 17.8 percent year on year. Exports totaled 1.94 trillion yuan, up 20.3% year on year; Imports reached 1.4 trillion yuan, up 14.5% year on year; The trade surplus was 545.95 billion yuan, up 38.4% year on year.
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