Sri Lanka is now an alternative production base in South Asia for labour-intensive operation. Hong Kong manufacturers looking to relocate from the Chinese mainland, however, are advised to take note of a number of practical considerations that may add to operating costs.
According to data from Nanjing’s Bureau of Commerce, Nanjing’s urban and rural residents spent a total of Rmb2.176 billion during the 2015 seven-day Spring Festival holiday, representing a year-on-year growth of 13.7%.
The joint showplace for Canadian and US toys for the first time, the New York Toy Fair played host to a number of global launches held back from earlier expos, as well as hosting the announcement of the 2015 Toy of the Year Award Winners.
U.S. Trade Policy Agenda Focuses on Concluding Trade Deal with Asia-Pacific Countries, Advancing Negotiations with EU
The Office of the U.S. Trade Representative on 4 March released its annual report outlining President Obama's trade objectives for this year. The report states that "the pace of globalization and technological change is not slowing down" and the United States needs to "take on that challenge".