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8.8 Report

① SAFE: As of the end of July, the scale of foreign exchange reserves was US$3,104.1 billion, an increase of US$32.8 billion from the previous month.
② General Administration of Customs: The total value of my country’s foreign trade imports and exports in the first seven months increased by 10.4% year-on-year.
③ 27 departments including the Ministry of Commerce issued the “Opinions on Promoting the High-quality Development of Foreign Cultural Trade”.
④ Thailand has become the fourth largest exporter of seasonings in the world.
⑤ The EU’s ban on Russian coal is about to take effect: the gas supply will increase the coal gap, and the international coal price may rise again.
⑥ Institution: In July, the global manufacturing PMI hit a new low in nearly a year, and the downward pressure on the global economy increased.
⑦ Energy prices are soaring, and solar panels are selling well in the UK.
⑧ Foreign media: Analysts expect Argentina’s inflation rate to reach 90.2% this year.
⑨ United Nations: The global food price index fell sharply in July.
⑩ DHL announced that it will stop shipping goods and mail in Russia from September.


Post time: Aug-08-2022