Current news-Morning News on March 6, 2024

The spot exchange rate of RMB against the U.S. dollar on the previous trading day closed at 16:30: 1 U.S. dollar to RMB 7.1991
①Government Work Report: Promote the healthy development of new business formats such as cross-border e-commerce and optimize the layout of overseas warehouses
②Digital foreign trade methods such as cross-border live streaming are becoming new ways for foreign trade companies to obtain orders
③Indian media claimed that India intercepted a ship from China to Pakistan and seized sensitive goods
④The U.S. ITC officially launched a 337 investigation into e-cigarette oil atomizers, their components and downstream products
⑤Sainsbury’s, the UK’s second largest supermarket, plans to lay off 1,500 employees and simplify its store structure
⑥ Belarus has tightened price restrictions on children’s products. Importers are only allowed to set wholesale prices that are 30% higher than the reference price.
⑦Turkey made final anti-circumvention rulings on China’s synthetic and man-made staple fiber fabrics and synthetic fiber filament yarn woven fabrics
⑧The price of domestically promoted BYD has increased in Japan, and is nearly twice as expensive as the Chinese market price.
⑨Zeng Yuqun: Battery companies must compete in an orderly manner when going overseas to prevent the recurrence of “all rise up and disperse”
⑩The “Data Silk Road” was severely disrupted, and the Red Sea cable was cut off, affecting 25% of telecommunications traffic transmission in Asia and Europe.

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