Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 
Newly Released DOJ Epstein Files Expose High-Profile Connections Across Politics and Business 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors 
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens 
China’s new laws now require all food importations to register with the customs authority, creating another barrier for international firms who have long complained of unfair treatment.
Chinese consumers purchased $108 billion worth of imported produce in 2020, with that number expected to grow for 2021 as imports surged nearly 30 percent on year in the first three quarters.
The extra hurdle, previously required only for products posing potential health risks, such as seafood, will now be applied to coffee, alcohol, honey, olive oil, chocolate, and several other products.
Alban Renaud, a China-based lawyer with the firm Adaltys, said there were still many unknowns, such as the margin of tolerance and the applications that are not yet approved.
Importers complained about the late publication of application details and that the website for registering only went online last month. They added that there are hurdles in registering, such as information not being available in English.
Some companies were even given the wrong country code, such as a Portuguese importer being registered as Spanish, according to a Beijing-based diplomat.
Food companies and importers have to deal with control measures under China's strict zero-COVID strategy, with products now subject to extra screening and repeated disinfection.
