E-TAILING

Test of ACE Entry Type for De Minimis Shipments to Begin 28 September

26 September 2019

U.S. Customs and Border Protection will begin a test on 28 September to allow Section 321 low-valued shipments, including those subject to partner government agency data requirements, to be entered via a new informal entry type 86 in the Automated Commercial Environment. More

hktdc research

U.S. to Push for Overhaul of Postal Rates at Universal Postal Union Congress

24 September 2019

Delegates from 192 nations will gather for a congress of the Universal Postal Union in Geneva on 24-25 September. Even though the UPU was founded in 1874 this is only the third congress in the history of the organisation, held primarily in response to U.S. demands for an overhaul of postal rates for delivery of packages from other countries to their final U.S. destination. More

hktdc research

French Minister Reveals Plans to Reform VAT Collection in the E-commerce Realm

09 September 2019

On 22 August 2019, the French Minister of Public Action and Accounts, Gérald Darmanin, in an interview with the French financial newspaper “Les Échos,” revealed plans to reform the collection of VAT from e-commerce platforms. More

hktdc research

EU’s E-commerce Regulations Need Improvement in Relation to VAT and Customs Duties Claims EU Body

01 August 2019

In a Special Report published in July, the European Court of Auditors has examined the EU’s new rules on e-commerce which are scheduled to enter into force by 2021. The report raises various issues and concludes that many challenges surrounding the collection of VAT and customs duties remain yet to be resolved. More

hktdc research

New EU Regulation Strengthens Market Surveillance of EU-made and Imported Products

09 July 2019

Hong Kong exporters may like to be informed that EU Member States will begin strengthening market surveillance of products being imported into the internal market to ensure their compliance with consumer, workplace, and public health and safety requirements. More

hktdc research

EU Court of Justice Clarifies Interpretation of Consumer Sale of Goods Law

24 June 2019

The Court of Justice of the European Union (the “ECJ”) has ruled that EU Member States are competent to establish the place where the consumer is required to make goods that were acquired under a distance contract, available to the seller, in order for these goods to be, e.g., repaired. More

venture hong kong

Re-birth for Comprehensive Baby-products Store

06 December 2018

Sisters Arati Limbu and Anuradha Limbu Chettri shared a job they loved in Hong Kong’s baby-goods retail sector, notching up more than 30 years of experience between them. More

market spotlight

Fintech Start-up Bridges Cash Gap

21 November 2018

As demand among global consumers for cross-border online purchases continues to grow exponentially, Qupital – a fintech firm based in Hong Kong which helps businesses raise cash against unpaid invoices – has expanded its services to help local e-commerce merchants and small to medium-sized enterprises (SMEs) access financial loans and advances through its trade-finance platform. More

inside china

Overcoming Tariff Barriers

06 November 2018

Trade tensions between the Chinese mainland and the United States are intensifying since America introduced another round of tariffs on US$200 billion worth of mainland imports in September. More

hktdc research

Increasingly Cautious: The 2019 Outlook for the Watch and Clock Market Amid Sino-US Trade Conflicts

01 November 2018

HKTDC conducted face-to-face interviews with 522 buyers and 333 exhibitors attending the Hong Kong Watch & Clock Fair 2018. The survey results show that the industry is increasingly cautious with regard to the market outlook for the next 12 months, notwithstanding the fact that the announced US 301 tariffs affect only a few non-consumer watch and clock categories (HS Chapter 91) but not the sale of branded and completed watches. More

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