近期人民幣匯率反彈背后的因素
6 July 2023
Recently, the RMB exchange rate showed a strong rebound momentum. On July 4, 2023, the shore RMB-USD closing price was 7,2161, while the offshore RMB-USD rebounded by 7,22 points and rose by 300 points within the day. The three-day rise in a row made the average price of the RMB-USD on July 5 rise by 78 basis points, on July 7, 1968.
The impact of the EU carbon border adjustment mechanism and the coping strategies of Chinese exporters
5 July 2023
I. Basic Concepts of the EU Carbon Border Adjustment Mechanism The EU Carbon Border Adjustment Mechanism (CBAM), also known as a carbon border tax or carbon tariff, is a tax levied by the EU on the carbon emissions of some imported goods. Simply put, CBAM adjusts the price difference between the same amount of carbon emissions inside and outside the EU, so that the cost of the same amount of carbon emissions inside and outside the EU is...
Vietnam's electronics manufacturing industry is in trouble due to shrinking global demand and shortage of parts
5 July 2023
According to the news site Rest of World, in recent years, large international electronics companies such as Samsung, Apple and other have employed thousands of workers in Vietnams factories, but with the decline in global electronics demand and the procurement of parts...
My country has completed the "Information Technology Agreement" and the tariffs on 62 tax items have been reduced to zero.
4 July 2023
Since July 1, China has begun to implement the eighth step of tax reduction on the expanded products of the Information Technology Agreement, marking that China has completed all its tax reduction commitments under the agreement. This move has triggered a major change in the information technology industry, bringing significant superimposed and linked benefits to global economic growth and innovation development. The average tariff on the 62 tariff items involved in this tax reduction...
New global foreign trade regulations in July 2023: Trade changes between China and the world
3 July 2023
In todays globalization, trade relations between countries are becoming increasingly close. However, with the adjustment of economic policies in various countries, the introduction of new foreign trade regulations is also constantly affecting the global trade pattern. This article will introduce in detail the relevant content of the new global foreign trade regulations in July 2023, and how these new regulations affect Chinas trade relations with the world. I. Chinas New Foreign Trade Regulations I. I. ..
Major North American ports to hold a major strike starting July 1, 2023, which may affect the global supply chain
3 July 2023
On June 28, 2023, the International Terminal and Warehouse Trade Union Canada (ILWU Canada) issued a 72 hour strike notice to the British Columbia Marine Employers Association (BCMEA) announcing the start of the strike at 8 a.m. on July 1, 2023.
The United Nations report reveals that global trade rebounded in the first quarter of 2023, and China and India's export performance was eye-catching.
30 June 2023
The Global Trade Update report, recently released by the United Nations Conference on Trade and Development (UNCTAD), showed positive growth in global trade in goods and services in the first quarter of 2023.This growth was pronounced after the decline in the second half of 2022.
Abnormal global climate drives agricultural product prices up: impacts on economic and financial stability and responses
29 June 2023
Unusually high temperatures and dry weather worldwide have recently triggered a massive rise in international agricultural futures prices. According to the latest forecast by the World Meteorological Organization (WMO), the likelihood of an El Ni?o phenomenon between June and August 2023 is almost 70%, which could mean that this summer will be warmer.
Indonesia to ban copper exports to promote the development of domestic metal processing industry
28 June 2023
Indonesian President Joko Widodo recently announced that the country will soon cease exporting raw copper and instead process it into copper cathodes domestically. This decision is driven by the Indonesian governments continuous efforts to enhance the value chain of domestic resource processing. It is understood that Freeport Indonesia (FreeportIndonesia) and Amman Mineral (AmmanMin...
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