Kazakhstan wheat prices hit critical levels
International Business News? ¨C?According to the Kazakh Agricultural Network, according to Kazakh standards, only by setting a record for wheat yield per unit area can the cost of grain in…
China’s first domestically produced large cruise ship successfully undocked
According to Xinhua News Agency, at noon on June 6th, China's first domestically produced large cruise ship, the "Aida Modu", was successfully undocked and is expected to be completed and…
US has announced the addition of seven individuals and one entity to its sanctions list against Russia
The US Treasury Department said in a statement on the 5th that the United States has expanded its sanctions list against Russia, adding seven individuals and one entity. The statement…
What is the future trend of the RMB exchange rate after it broke 7.1?
Recently, the?RMB?exchange rate has continued to weaken. The RMB exchange rate, which broke 7 in May, continued to fall below 7.1. On June 1, the onshore yuan closed at 7.1179…
China:Seize cross-border e-commerce development opportunities
Five years ago, the scale of cross-border e-commerce imports and exports accounted for less than 1% of China¡¯s foreign trade, and now this figure has risen to about 5%, cross-border…
RCEP has come into full force for all 15 signatories
On June 2, 2023, the Regional Comprehensive Economic Partnership (RCEP) officially entered into force for the Philippines, marking the full entry into force of the RCEP for 10 ASEAN members…
Drought in Panama Canal reduces water level, affects global trade
According to a report on the website of the Spanish newspaper El Economista on May 29, the drought has reduced the water level of the Panama Canal, and the impact…
BRICS say No to ‘unilateral economic coercion’
International Business News? ¨C? Foreign ministers of BRICS (Brazil, Russia, India, China and South Africa) have pointed out that unilateral sanctions are having a negative impact on the global economy,…
How to view the recent RMB “breaking 7”
Since May 17, the yuan has fallen below 7 to 1 against the dollar. The adjustment continued even after authorities warned on May 19 to curb speculation and rein in…
World is at a historic moment of currency diversification
The eighth annual meeting of the Board of Governors of the New Development Bank opened yesterday at the bank's headquarters in Shanghai, with the theme of "ushering in a new…