Advantages of Hong Kong as a Trans-shipment Hub for South China Manufacturers
For companies that manufacture high-tech goods in Southern China, the use of Hong Kong as a trans-shipment hub is akin to jumping on a high-speed conveyor belt straight towards global markets. Hong Kong’s prime position next to Guangdong province – China’s...
The EU Emissions Trading System & its Impact on the Shipping Industry
Launched in 2005, the European Union’s Emissions Trading System (ETS) stands out as a powerful initiative in the ongoing battle against climate change. Operating as a cap-and-trade system, this market-based approach is strategically designed to cut down on...
Hong Kong U-Turn Strategy Reduces Taxes on China-Made Goods Sold to China Buyers
China is the world’s biggest manufacturer. A good percentage of products made in China are also consumed there. These domestic sales are subject to taxes that can be avoided or lessened through a strategy called the Hong Kong U-turn. Let’s see how. ...
