FX (real-time): 1 USD = 7.1735 RMB ｜ 1 EUR = 8.3850 RMB
- China exports: +84.6% YoY in Jan–Jul, led by new energy vehicles (NEVs).
- Morgan Stanley: Expects slight RMB appreciation vs. a softer USD, improving the appeal of RMB assets.
- EU–US: Joint statement on trade; key demands unresolved.
- Walmart: Costs rising weekly; tariff impacts to persist into Q3–Q4.
- Mexico: Launches anti-dumping probe into adult bicycles from China.
- European Commission: Imposes 26.4%–26.9% anti-dumping duties on decorative paper from China.
- Jordan: Plans new rules for cross-border e-commerce parcels.
- India: Pushes harmonized safety standards for electronic products.
- Maritime: General average declared for container ship STRATFORD after a previous fire—check exposure and coverage.
- Air cargo: Urumqi–Dubai international route opens, adding capacity on a key Middle East lane.
Why this matters (quick take):
• Policy & trade defense actions are shifting compliance and landed costs.
• FX and funding conditions could alter import/export pricing and hedging.
• Logistics risk (general average) and new air lanes may reshape routing decisions.
Keywords: global trade, NEV exports, RMB, USD, tariffs, anti-dumping, trade compliance, e-commerce parcels, safety standards, logistics, general average, air cargo, Middle East
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