RMB exchange rate “broken 7”
On September 16, the 10-year Sino-US spread was inverted to 74 basis points, and the depreciation pressure on the RMB exchange rate was self-evident, with the RMB once surging to 7.0254 against the U.S. The “breaking of 7” of the…
ADB forecasts Cambodia’s economic growth at 5.3% in 2022
International Business News – According to Cambodian media news, the Asian Development Bank (ADB) maintained its forecast for Cambodia’s economic growth rate of 5.3%, while the economic growth rate in 2023 is forecast to be 6.2%, compared with the original…
ADB: Vietnam’s economy will continue to recover in the last months of the year
International Business News – The Asian Development Bank (ADB) held a press conference in Hanoi on the morning of September 21 to release a supplement to the Asian Development Outlook 2022, which maintains Vietnam’s economic growth forecast for this year…
Kazakhstan’s wheat export price rises 32% in a year
International Business News – Kazakhstan Agriculture Network news, according to the statistics of the Kazakh website Energyprom, from January to the end of July this year Kazakhstan exported 3.3 million tons of wheat and mixed wheat (meslin , a grain…
China expected to overtake Germany as the world’s second-largest auto exporter
International Business News – The number of cars exported from China exceeded 2 million for the first time in 2021, totaling 2.015 million, just behind Japan’s 3.82 million and Germany’s 2.3 million, already making it the third largest car exporter…
January-August industrial output of Kazakhstan amounted to 32.1270 trillion tenge
International Business News – According to Kazakhstan News Agency, data from the National Bureau of Statistics of Kazakhstan shows that from January to August 2022, the industrial production index of Kazakhstan was 102.5%, and the industrial output value reached 32.1270…
January-August vehicle production in Kazakhstan up 24.7% year-on-year
International Business News – In August this year, 9,016 vehicles were produced in Kazakhstan, which is 14.7% more than in the same period last year, according to the Kazakhstan Automobile Business Association. From January to August this year, 68,644 vehicles…