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The Euro fell below parity against the Dollar
The DOLLAR index, which surged above 107 last week, continued its surge this week, hitting its highest level since October 2002 overnight near 108.19. As of 17:30, July 12, Beijing time, the DOLLAR index was 108.3. Us June CPI will be released on Wednesday, local time. Currently, the expected dat...Read more -
Shooting at Abe speech
Former Japanese Prime Minister Shinzo Abe has been rushed to hospital after falling to the ground after being shot during a speech in Nara, Japan, On July 8, local time. The suspect has been arrested by police. The Nikkei 225 index fell quickly after the shooting, giving up most of the day’...Read more -
The adjustment and influence of European and American monetary policy
1. The Fed raised interest rates by around 300 basis points this year. The Fed is expected to raise interest rates by around 300 basis points this year to give the US enough monetary policy room before a recession hits. If inflation pressure continues within the year, it is expected that the Fede...Read more -
China’s foreign trade order outflow scale controllable influence is limited
Since the beginning of this year, with the gradual recovery of production in neighboring countries, part of the foreign trade orders that returned to China last year have flowed out again. Overall, the outflow of these orders is controllable and the impact is limited.” The State Council Inf...Read more -
The reducing sea freight
International shipping prices have skyrocketed since the second half of 2020. On routes from China to the western US, for example, the cost of shipping a standard 40-foot container peaked at $20,000 – $30,000, up from around $2,000 before the outbreak. Moreover, the impact of the epidemic h...Read more -
Shanghai eventually lifted the lockdown
Shanghai has been closed for two months finally announced! The normal production and life order of the whole city will be fully restored from June! Shanghai’s economy, which has been under great pressure from the epidemic, also received a major measure of support in the last week of May. Sh...Read more -
The situation in Shanghai is grim, and lifting the lockdown is not in sight
What are the characteristics of the epidemic in Shanghai and the difficulties in epidemic prevention? Experts: The characteristics of the epidemic in Shanghai are as follows: First, the main strain of the current outbreak, Omicron BA.2, is spreading very quickly, faster than Delta and past varian...Read more -
The Impact of Russia-Ukraine Conflict on the Slipper Industry
Russia is a major supplier of oil and gas in the world, with nearly 40 percent of European gas and 25 percent of oil from Russia, with the largest number of imports. Even if Russia does not cut off or limit Europe’s oil and gas supplies as a retaliation for western sanctions, Europeans have...Read more -
The RMB continued to upvalue, and USD/RMB fell below 6.330
Since the second half of last year, the domestic foreign exchange market has gone out of a wave of strong DOLLAR and stronger RMB independent market under the impact of the Fed’s interest rate hike expectations. Even in the context of multiple RRR and interest rate cuts in China and the con...Read more -
The world is gradually reducing its reliance on the DOLLAR
Argentina, South America’s second-largest economy, which has been Mired in a sovereign debt crisis in recent years and even defaulted on its debt last year, has turned to China firmly . According to related news, Argentina is asking China to expand bilateral currency swap in YUAN, addin...Read more -
What kind of garbage do waste slippers belong to
Slippers are generally worn indoors and are often used in the shower. Slippers because of the simple structure is easy to dirty or broken, so the life of the old slippers belong to what garbage? Old slippers are recyclables. Slipper is a kind of shoe, its heel is completely empty, there is toe he...Read more -
What is EVA material ？
When shopping for slippers and other types of footwear,like sandal or clogs, one of the most common questions that people may ask is about material—specifically, what is EVA? An EVA sole is a shoe sole with many benefits that makes it the ideal base for slippers. Simply put, an EVA sole is a plas...Read more