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A recent report in local Chinese media outlets reported that an importer received 100,000 metric tons of oil product via tanker Borey G (IMO: 9199127) arriving at Qingdao, mainland China, in October 2023[1]. The cargo was declared as “other fuel oil” under HS Code 2710.19.29; however, it turned out to be utilized…

Firms Embrace Outsourced Services The rapid evolution of the financial services sector and continued change in market conditions have increased the popularity, viability, and adoption of outsourced (i.e., managed) services, a model that is forecast to reach more than 200% of today’s market capital by 2028.[1] For financial institutions, the growing…