China
- President Xi declares start of Beidou’s full-scale global service. Beidou, along with the United States’s GPS, Russia’s GLONASS and the European Union’s Galileo, are four global navigation networks.
- New epidemic control precautions announced for produce markets – large agricultural markets, especially selling frozen meat and seafood or with damp environments, will be subject to regular tests for coronavirus.
- Chinese mainland reports 127 new COVID-19 cases.
- Dalian widens coronavirus screenings.
- New COVID-19 test gives a result within 1 hour.
- Tax deduction policies benefit foreign firms in ensuring the smooth operation.
- China gaming industry continues explosive growth, and the A-share market has exceeded 650 billion yuan($92.97m)
- Service trade pilot project to extend 21 regions to stabilize foreign trade and investment.
World
- Mongolia to hand over the first batch of 30000 sheep to China.
- GDP in the US falls by the highest rate since 1947.
- Nepal-China relations offer enormous possibilities.
- The EU makes an agreement on recovery funds to boost national economies, a total of $881b.
Exceptional read, Positive website, where diyou u come up with all the information on this posting?
I have read some of the articles on your site now, and I
really like your style.
Best regards,
Demir Duke
Thanks, Demir. My posts are original and Infos are from my foreign trading experience and knowledge accumulations.
The everyday news post is from the news I read every day. As long as I think it will matter to the business, I’ll share it.
The news widens my sight and vision, feel deeply the outer environment(like this pandemic) will seriously affect the foreign trade and industry. For example, “Wearing mask” is very common in China and other Asian countries because of culture and history.In 2003, due to underestimation SARS, it spread crazy in China, and we paid a lot. After experience SARS, we start to realize the importance of wearing a mask. So when the COVID-19 comes, we at once wear masks to protect ourselves and others.
However, wearing mask is not common in many countries in North America or EU, such as Danmark. Only those who get serious diseases will wear masks.
So the COVID-19 is under control in China earlier than other countries. Different cultures make different results.
Mask was a normal industry and with low profit. But due to the sudden pandemic, it becomes the #1 industry in Feb. and March, profit is higher than gold. The material of mask melt-blown non-woven price increase rapidly. So in China those who make and sell masks and mask machines in Feb and March, become millionaires. But those who start to do this in April and later, they lost millions of money, because of the market saturation. See, timing is also important. Read news, will help you make the right decisions and act earlier than others.
In April and May, EU countries’ pandemic seems under control, start to encourage people to ride bike to work. So bike and scooter orders are growing rapidly.