Morning News on March 20, 2024

① From January to February, Spring Festival consumption and exports drove the economy to stabilize and improve, but the real estate market is still a drag.
② From January to February, Zhejiang’s agricultural machinery exports increased by 40.5% year-on-year, and agricultural machinery companies experienced “acceleration in going overseas”
③Ministry of Public Security: Make cracking down on the crime of fraudulently obtaining export tax refunds a top priority
④Trump said again: If he wins the election, he will impose 100% tariffs on Chinese companies producing cars in Mexico
⑤The EU was revealed to be considering whether to follow the United States in reviewing the risks of dependence on China for mature process chips.
⑥Apparel and Footwear International RSL Management (AFIRM) releases the 2024 version of the restricted substances list
⑦Sri Lanka approved the new Import and Export Control (Standardization and Quality Control) Regulations, which stipulates the standards and quality requirements for 122 categories of imported goods under 217 HS codes.
⑧The Bank of Japan raised interest rates for the first time in 17 years, and the yen’s decline expanded.
⑨SHEIN has won the popularity championship of American casual women’s clothing brands for three consecutive years, becoming the most “hot” fashion brand in the United States.
⑩Fierce e-commerce battle during Ramadan in the Middle East: TikTok makes a strong attack, and women’s economy is unstoppable

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