China’s General Administration of Customs announced a new policy for customs declarations on 21 June, scheduled to be enforced as from 1 August 2018. Some traders in the market think the policy will restrict export business, while other traders consider that the new controls can be managed.
China Customs has released Order No.56 to adjust inbound manifest rule which is to take effect on 1th June,2018.
Pakistan – China, exchange data from April 30 to check trade mispricing KARACHI: Pakistan and China will start exchanging trade data digitally from April 30 in a bid to check under-invoicing of imports, officials said on Friday, amid swelling bilateral trade that is highly skewed in favour of the world’s second largest economy. Tax officials…