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China Temporarily Waives Interest on Trade-Related Payments

China announced it will temporarily waive interest on deferred payments for “processing trade goods sold domestically” between April 15 and Dec. 31, according to an April 27 report from the Hong Kong Trade Development Council. The measure is aimed at…

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Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.

supporting the “development of processing trade” and to ease pressure on foreign trading.