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"Today's Foreign Information | Explosion! U.S. Secretary of State's visit to China; RMB devaluation; German exports decline; Indonesia's inflation rise;" Shipping Logistics | International Logistics | International Freight Forwarders | Guangzhou Freight Forwarders | Panyu Freight Forwarders | Hongde International
Jun 21,2023
U.S. Secretary of State Visits China for First Time in Nearly Five Years
On the morning of June 18, Beijing time, US Secretary of State Blinken arrived in Beijing. later, chinese foreign minister qin gang held talks with us secretary of state lincoln. On the morning of June 19, Wang Yi, director of the Office of the Central Foreign Affairs Commission, met with visiting US Secretary of State Blinken. On the afternoon of the 19th, President Xi Jinping met with US Secretary of State Blinken at the Great Hall of the People.
US retail sales rose 0.3 per cent in May from a year earlier than expected
A few days ago, the US Department of Commerce released data that retail sales in the United States rose 0.3 per cent month-on-month in May, following a 0.4 per cent increase in April, far better than the 0.2 per cent decline expected by the market. Sales increased in 10 of the 13 retail categories, and consumer spending on building materials and automobiles increased. This reinforces expectations that the Fed will raise its terminal interest rate to 5.6 per cent as planned.
Amazon will use artificial intelligence technology to summarize user reviews
Offshore RMB yesterdayagainst the dollar,The Euro,YenDepreciation
Yesterday.The offshore RMB exchange rate against the US dollar depreciated sharply. As of press time, the offshore RMB exchange rate against the US dollar was reported at 7.1657, which was 7.1271 than the closing price of the previous trading day and depreciated by 386 basis points.
Yesterday.The offshore RMB exchange rate against the euro depreciated sharply. As of press time, the offshore RMB exchange rate against the euro was reported at 7.8276, which was 7.7941 than the closing price of the previous trading day and depreciated by 335 basis points.
Yesterday.The offshore RMB exchange rate against the 100 yen depreciated sharply. As of press time, the offshore RMB exchange rate against the 100 yen was reported at 5.0500, which was 5.0200 from the closing price of the previous trading day and depreciated by 300 basis points.
Yesterday.Onshore RMBagainst the dollar,The Euro,YenDepreciation
Yesterday.The onshore RMB exchange rate against the U.S. dollar depreciated sharply. As of press time, the onshore RMB exchange rate against the U.S. dollar was reported at 7.1613, which was 7.1260 than the closing price of the previous trading day and depreciated by 353 basis points.
Yesterday.The onshore RMB exchange rate against the euro depreciated sharply. As of press time, the onshore RMB exchange rate against the euro was reported at 7.8203, which was 7.7932 than the closing price of the previous trading day and depreciated by 271 basis points.
Yesterday.The onshore RMB exchange rate against the 100 yen depreciated sharply. As of press time, the onshore RMB exchange rate against the 100 yen was reported at 5.0400, which was 5.0200 than the closing price of the previous trading day and depreciated by 200 basis points.
Yesterday.RMB median priceto beautyYuan,The Euro,YenAppreciation
Yesterday.The exchange rate of RMB against the US dollar appreciated slightly, and the central parity rate of RMB against the US dollar was 7.1201, an appreciation of 88 basis points 7.1289 the previous trading day.
Yesterday.The exchange rate of RMB against the 100 yen appreciated sharply, and the central parity rate of RMB against the 100 yen was 5.0176, 5.0851 675 basis points higher than the previous trading day.
German exports to countries outside the EU fall 5.7 percent month-on-month in April
A few days ago, according to data released by the German Federal Bureau of Statistics, in April this year, Germany's seasonally adjusted exports to countries outside the EU were 56.5 billion euros, down 5.7 percent from the previous month and 2.0 percent from the same period last year. Exports to countries outside the EU without seasonal adjustment were 51.5 billion billion euros, down 5.2 percent from the same period last year. Among them, exports to the United States decreased by 2.2 percent year-on-year, while exports to China decreased by 9.6 percent year-on-year.
Indonesia May inflation up 4.0 percent year-on-year
A few days ago, the Indonesian Bureau of Statistics released data that Indonesia's consumer price index (CPI) rose 4.0 per cent in May from a year earlier than expected to fall back to the upper limit of the central bank's target range. After inflation peaked at nearly 6 per cent last September, Indonesia's central bank raised interest rates by a total of 225 basis points.
New Zealand's GDP fell 0.1 percent in the first quarter
A few days ago, according to the latest (GDP) data released by Statistics New Zealand, New Zealand's GDP fell 0.1 per cent in the first quarter of 2023, the second consecutive quarter of economic decline.
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