Current news-March 8, 2024 Morning Post

(1) In the first two months of 2024, China’s exports will be 3.75 trillion yuan, an increase of 10.3%
(2) Wang Wentao, Minister of Commerce: New momentum for foreign trade development will be cultivated from four aspects
(3) Starting from March 14, China has implemented a visa-free policy for six countries: Switzerland, Ireland, Hungary, Austria, Belgium and Luxembourg
(4) India and Bangladesh began to harmonize bilateral product standards to remove trade barriers
(5) New Zealand will ban the use of “forever chemicals” (per- and polyfluoroalkyl substances) in cosmetics
(6) Kyrgyzstan intends to ban the import, sale and use of e-cigarettes with specially filled liquids
(7) Iraq banned eight of its own banks from trading in United States dollars in order to reduce fraud, money-laundering and other illegal use of the United States dollar
(8) The Bank of Egypt announced a big move, and the local currency plummeted by 40% to a record low
(9) Last year, Q4 beauty and personal care, women’s clothing and women’s underwear, and home life had the highest sales in TikTok stores in the United States
(10) Between January 2023 and 2024, Temu’s U.S. sales increased by 840%

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