China’s power consumption rises 2.5% in Q1 2025

China’s electricity consumption grew 2.5 per cent year-on-year in Q1 2025 to 2.38 trillion kilowatt-hours, driven by increased demand across all sectors.
The primary and secondary industries rose by 8.7 per cent and 1.9 per cent, while the tertiary sector saw 5.2 per cent growth.
Power usage in internet services surged 25.7 per cent, and charging services for EVs jumped 42.3 per cent.Read More

21.04.2025Comments Off
Tariff uncertainty threatens global apparel industry: IAF

IAF has warned against the damaging impact of US punitive tariffs on global apparel supply chains, especially affecting China.
While welcoming a partial pause, IAF has stressed that tariff uncertainty continues to destabilise the industry, discourage investment, and threaten livelihoods.
It has called for collaborative, sustainable supply chain strategies and urges brands to honour commitments.Read More

21.04.2025Comments Off
Vietnam tries to enhance monitoring, inspection of raw material origin

In response to the 90-day suspension of US reciprocal tariffs on all countries except China, Vietnam is making efforts to enhance monitoring and inspection of the origin of imported raw materials and ensure export compliance.
Trade policies of major countries are being monitored and businesses are being approached to understand their market needs and the kind of government support needed.Read More

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China’s retail & wholesale value rises 5.8% in Q1 2025

The added value of China’s wholesale and retail trade grew by 5.8 per cent YoY to reach 3.3 trillion yuan ($457.98 billion), or 10.4 per cent of the country’s GDP, in Q1 2025, official statistics show.
The retail sales of goods reached 11 trillion yuan ($1.5 trillion) in the quarter—a YoY rise of 4.6 per cent.
The transaction volume of industrial consumer goods markets rose by 0.8 per cent YoY.Read More

21.04.2025Comments Off