GLOBAL SUPPLY CHAIN

U.S. to Start Talks Soon on Indo-Pacific Economic Framework

23 November 2021

The U.S. plans to formally launch in early 2022 talks on an economic framework with countries in the Indo-Pacific region, U.S. Commerce Secretary Gina Raimondo indicated recently. More

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U.S. Continues Efforts to Address Supply Chain Woes

05 November 2021

President Biden announced recently several national and international steps designed to address on-going global supply chain problems. These measures follow others being taken at the federal and state levels in the U.S. More

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CBP Plans Test of Improved Foreign Business Identifier

09 September 2021

U.S. Customs and Border Protection is planning to launch in spring 2022 a test of an improved method of identifying foreign business entities, supply chain roles, authorised economic operator programme status, and foreign addresses. More

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Supply Chains and Digital Economy Among Priorities as U.S. Eyes Asia

26 August 2021

Vice President Kamala Harris’ recent visit to Southeast Asia could offer some clues into elements of the Biden administration’s still-evolving trade policy toward mainland China, particularly as the U.S. works to strengthen relations with allies in the region. More

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Germany Introduces Due Diligence Obligations for Global Supply Chains of Large Companies

09 August 2021

Germany has adopted new legislation to ensure the protection of basic human rights and of the environment along global supply chains. The German Act on Corporate Due Diligence in Supply Chains (the “Supply Chain Due Diligence Act” - SCDDA) aims to protect rights of people who produce goods for the German market. Goods would include, for example, garments from Asia. Other examples are cocoa and fruit from Africa, and coffee from South America. More

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Post-pandemic Supply Chains: Green Lighting Environmental Compliance

04 August 2021

The Covid-19-induced pause in economic activity has offered a glimpse of an alternative green economy. To understand how Hong Kong’s testing, inspection and certification (TIC) industry is readying itself and its clients for a sustainable post-Covid future, HKTDC Research talked to Martin Fan, the managing director of TÜV Rheinland Hong Kong. More

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EU Body Addresses Forced Labour in Guidance Intended for EU Businesses and Their Global Supply Chains

28 July 2021

The European External Action Service has published guidance on due diligence for EU businesses to address the risk of forced labour in their operations and supply chains. The guidance outlines the practical aspects of due diligence. It provides an overview of international standards on responsible business conduct and due diligence which are relevant for combatting forced labour. More

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Delivering Digitalisation: Non-Virtual Necessities

26 July 2021

The global semiconductor industry not only sees a rosy outlook thanks to the accelerating digitalisation during the Covid-19 pandemic, but also great challenges in aligning demand with supply. To look for a fix, HKTDC Research sat down with Simon Yu, president of Arrow Electronics' Asia Pacific components business, a leading semiconductor distributor active in Asia Pacific. More

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Senate Steps Up Efforts to More Effectively Bar Imports Made with Xinjiang Forced Labour

16 July 2021

The Senate on 14 July unanimously approved legislation aimed at ensuring that goods made with forced labour in mainland China’s Xinjiang Uyghur Autonomous Region do not enter the U.S. market. The legislation would have to be approved by the House of Representatives and signed into law by President Biden for it to enter into force. More

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U.S. Government Continues to Urge Firms to Avoid Xinjiang Forced Labour in Supply Chains

14 July 2021

Six U.S. government agencies on 13 July issued an updated advisory for U.S. businesses whose supply chains run through mainland China’s Xinjiang Uyghur Autonomous Region. This document updates advice originally provided in a 1 July 2020 interagency memo and more emphatically enjoins the business community to avoid forced labour in their supply chains. More

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