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Recently, the RMB exchange rate showed a strong rebound momentum. On July 4, 2023, the shore RMB-USD closing price was 7,2161, while the offshore RMB-USD rebounded by 7,22 points and rose by 300 points within the day. The three-day rise in a row made the average price of the RMB-USD on July 5 rise by 78 basis points, on July 7, 1968. The appearance of this rebound trend triggered the influence of the outside world on its back.

On May 16, the EU Carbon Border Regulation Mechanism (CBAM) regulation was officially published in the Official Journal of the European Union, marking that CBAM officially completed all legislative processes and became EU law. This article explores the impact of the EU carbon border regulation mechanism and the response strategies of Chinese exporters.

The decline in global demand for electronics and the difficulties in purchasing components have led to the worrisome situation in Vietnam’s technology manufacturing industry, among which Samsung, Apple and other large electronics companies have significantly reduced production and working hours in Vietnam’s factories, resulting in a large number of employees being unemployed or reduced salaries, which has seriously affected Vietnam’s economic development.

Since July 1, China has begun the eighth phase of tax cuts on the information technology agreement expansion products, marking China's full commitment to complete the agreement.This initiative has triggered a major change in the information technology industry, bringing significant overlapping benefits to global economic growth and innovation development.

In today’s globalization, trade relations between countries are becoming increasingly close. However, with the adjustment of national economic policies, the introduction of new foreign trade regulations is also continuously affecting the global trade pattern. This article will detail the relevant content of the new global foreign trade regulations in July 2023, and how these new regulations affect China’s trade relations with the world.

On June 28, 2023, the International Terminal and Warehouse Trade Union Canada (ILWU Canada) issued a 72 hour strike notice to the British Columbia Marine Employers Association (BCMEA) announcing the start of the strike at 8 a.m. on July 1, 2023.