demand – Muhasebe News https://www.muhasebenews.com Muhasebe News Mon, 27 Mar 2023 07:41:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.3 Chinese industrial profits drop significantly https://www.muhasebenews.com/en/chinese-industrial-profits-drop-significantly/ https://www.muhasebenews.com/en/chinese-industrial-profits-drop-significantly/#respond Mon, 27 Mar 2023 07:41:15 +0000 https://www.muhasebenews.com/?p=140715 On account of decreased demand and declining prices, China’s industrial earnings shrank even more in the first two months of 2023, according to official figures.

The National Bureau of Statistics stated that in the months of January and February, industrial profits fell 22.9 percent annually. The decline came after a contraction of 4.0 percent for the entire year of 2022.

Despite the restrictions being removed at the end of 2022, data revealed that factories have not yet recovered from the pandemic-driven slowdown.

After falling by 0.8 percent in January, factory gate prices fell by 1.4 percent annually in February. Factory revenues and profits are still being negatively impacted by declining producer prices.

Source: RTT NEWS
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]]> https://www.muhasebenews.com/en/chinese-industrial-profits-drop-significantly/feed/ 0 China’s Exports Keep Declining Due to Weak Global Demand https://www.muhasebenews.com/en/chinas-exports-keep-declining-due-to-weak-global-demand/ https://www.muhasebenews.com/en/chinas-exports-keep-declining-due-to-weak-global-demand/#respond Tue, 07 Mar 2023 08:09:49 +0000 https://www.muhasebenews.com/?p=139699 At the beginning of the year, China’s exports remained in decline, a reflection of the difficulties the world economy presented Beijing in setting ambitious development targets.

The General Administration of Customs announced that exports decreased 6.8 percent between January and February of last year.

The annual decline was lower than the 9.9 percent drop reported in December and better than the 9.4 percent fall predicted by analysts.

Despite the economy being back open, imports experienced a double-digit decline from January to February of 10.2 percent, which was worse than the 7.5 percent drop from December and the anticipated 5.5 percent fall.

As a result, the trade balance was in surplus, coming in at about $117 billion, far exceeding the estimate of $81.8 billion.

For the purpose of avoiding distortions brought on by the Lunar New Year holiday, the customs office typically combines statistics for January and February.

Source: RTT News
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/chinas-exports-keep-declining-due-to-weak-global-demand/feed/ 0 How And Where To Pay The Foreigner Work Permit Application Fees? https://www.muhasebenews.com/en/how-and-where-to-pay-the-foreigner-work-permit-application-fees/ https://www.muhasebenews.com/en/how-and-where-to-pay-the-foreigner-work-permit-application-fees/#respond Fri, 22 Sep 2017 13:00:01 +0000 https://www.muhasebenews.com/?p=22324 For the foreigner work permit applications made within the country (time extensions included), it’s obligatory that the legal fee for foreigner work permit and the valuable paper fees are paid seperately for the foreigners whose applications have been confirmed by The Ministry of Labor and Social Security.

***It’s important that the applicants don’t pay until they receive the message from The Ministry of Labor and Social Security stating the amount that needs to be paid.

1- The legal fee and the valuable paper fees can only be paid to the branch of the banks that are stated in the website. The payments that are paid can be viewed on the online system by the Ministry of Labor and Social Security, so when a payment is made (except for rare cases), there is no need to present a receipt to The Ministry of Labor and Social Security.
2- While applying from abroad the work permit fee and the valuable paper fee is paid to the related foreign representative office by the foreigner.

Source: Ministry of Labor and Social Security

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

]]> https://www.muhasebenews.com/en/how-and-where-to-pay-the-foreigner-work-permit-application-fees/feed/ 0 China Hits the Peak in Terms of Import and Export! https://www.muhasebenews.com/en/china-hits-the-peak-in-terms-of-import-and-export/ https://www.muhasebenews.com/en/china-hits-the-peak-in-terms-of-import-and-export/#respond Fri, 14 Apr 2017 08:08:05 +0000 https://www.muhasebenews.com/?p=13626 China has reported better than expected by hitting the peak in terms of import and export!

The world’s second largest economy China has increased its export to 16,4% in comparison with the same period last year.

Additionally, China’s import growth remained strong up 20,3% which was better than expected.

That data also shows that the demand throughout the World is increased.

Source: Euronews

Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither MuhasebeNews nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.

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