Morning Post on March 4, 2024

On the previous trading day, the spot exchange rate of RMB against the US dollar closed at 16:30: 1 US dollar to 7.1985 yuan

(1) National Foreign Trade Work Conference: focus on expanding intermediate goods trade and cross-border e-commerce exports
(2) South Korea’s exports to China fell 2.4% year-on-year in February, marking the first trade surplus in nearly a year and a half
(3) British media said that the UK may launch an investigation into Chinese electric vehicles
(4) The UK initiated a transitional review of the anti-dumping measures against Chinese oil tanning
(5) In response to China’s imported cars, Biden announced that he would take “unprecedented action”
(6) China and Ecuador will eliminate tariffs on each other on 90% of tariff lines
(7) The U.S. ITC officially launched a Section 337 investigation on network devices that support NETCONF
(8) The Netherlands reported that China’s export of plastic playpens was unqualified
(9) The Japanese government decided to impose additional sanctions on relevant personnel of the Russian government, and listed 12 people and 8 groups as targets of the asset freeze
(10) The results of the key swing state primaries in the U.S. election were released, with Biden and Trump winning the bipartisan party primaries in Michigan

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