Commonly used international trade terms

### I. Common Foreign Trade Terms 1. **EXW (Ex Works)**: EXW is one of the international trade terms. It means that the seller fulfills the delivery obligation when the goods are made available to the buyer at the seller's premises or another named p

An In-depth Analysis of the Recent Rise in Shipping Prices

In today’s increasingly globalized economy, maritime shipping, as a primary mode of international trade, has profound impacts on the global supply chain. In 2024, we have witnessed a significant rise in international shipping prices, a change that h

How to Find the Right Freight Forwarder in China?

Whether you're a small business or a multinational corporation, the efficiency and reliability of your supply chain depend greatly on the expertise and capabilities of your chosen freight forwarder.

Global sellers hit a new record for Amazon Prime membership daily sales, and the growth exceeds Amazon's self-operated business

Amazon Prime Day 2022 ended yesterday. During the 2-day event, Amazon's global sellers, including Chinese sellers, hit another record high, and their sales growth on Amazon exceeded Amazon's self-operated business.

Who are the beneficiaries of the China-Kyrgyzstan-Ukraine International Railway?

Not long ago, the construction time of the China-Kyrgyzstan-Ukraine International Railway was once again announced by the official Kyrgyz Republic, which gave us a glimpse of the light. As a result, a series of relevant parties were analyzing the benefici

Baitong Talk Q&A after the implementation of cross-border RCEP

At the beginning of the new year, the most frequently asked question after work is about RCEP. I really want to write an article to introduce it to you, but my ability is limited, and the scope of RCEP is too large. I can only answer some of the most freq