Briefing for April 11, 2023


1 US dollar = 6.8781 Chinese yuan

1 Euro=7.4924 RMB

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1>In March, China's logistics industry prosperity index rose to 55.5%

2> China Foreign Trade Center: Canton Fair has a regional economic pulling effect of 1: 13.6

3> South Africa will raise electricity prices and insurance premiums from April.

4> The Ministry of Commerce and Industry of India announced the foreign trade policy for 2023.

5>Senior representative of the Iranian Chamber of Commerce, Mining and Agriculture: Iran and Saudi Arabia will establish a joint chamber of commerce.

6> The International Monetary Fund urges countries to tighten their fiscal policies to reduce inflation.

7>US media: Renminbi replaces U.S. dollar as Russia's most traded foreign currency.

8> AI pictures cause confusion, and the EU will require all generative AI content to indicate the source.

9>Google launched an online ticket order service, and refunded the difference based on the lowest fare before departure.

10>AliExpress led the Korean and Chilean markets in March and rose to third in Spain.

11> SHEIN won the young consumers in the United States, and its market position is second only to Amazon.

12>Maersk launched regular cargo flights of China-US Airlines.

13> Hapag-Lloyd announced that it will increase the rate from East Asia to North America starting in May.

14> Freight chaos has seriously damaged the supply chain. Data shows that over 223 million US dollars of goods have been stolen in recent years.

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