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 – 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…
FAZ: This market is dominated by Chinese manufacturers and the German auto giants become dwarfs
According to a report on the website of the Frankfurter Allgemeine Zeitung on May 30, Germany is worried about one of its most important industries: few products represent "Made in…
ILO: Global unemployment expected to fall to 191 million by 2023
The number of unemployed people around the world is expected to decline this year, but the prospects for employment recovery remain cloudy, according to the 11th edition of the International…
Chinese battery companies have an opportunity in the “Made in Europe” green technology
Looking at the global electric vehicle battery market, the development momentum of Chinese battery companies is fierce. According to SNE Research, in 2022, in the global power battery market, CATL…
2023 APEC Business Leaders China Forum will be held in June
According to the Yunnan Provincial Department of Commerce, reporters learned from a regular press conference held by the China Council for the Promotion of International Trade on May 30th that…
WTO: Global trade in goods may improve in the second quarter of this year
Global trade in goods remained sluggish in the first quarter of 2023 and is likely to improve in the second quarter, the World Trade Organization (WTO) said in a report…