US Dollar Reserves Tight in China, Pressure Mounts on RMB Depreciation
Bloomberg: US dollar reserves in China are tight, and pressure on RMB depreciation is intensifying “Bloomberg” reported that as expectations of US dollar interest rate cuts have cooled, US dollar domestic financing is obviously tight, and the pressure for RMB depreciation has intensified. Analysts note that the central bank may lower the foreign exchange deposit […]
Discover the Unique Treasures at Shenzhen’s Russian Specialty Supermarket!
Good places in Shenzhen | Shenzhen specialty supermarkets!Russian Supermarket “Russian Merchandise Market” Russian Chocolates starting from RMB 5 yuan, huge Russian doll registration slots with shipping instructions Hong Kong people have started a supermarket in Shenzhen, in addition to the well-known big supermarkets like Sam’s and Costco, Shenzhen also has specialty supermarkets! The first Russian […]
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SF Express Launches “Shenzhen-Hong Kong Half-Day Delivery Service” at Sam Supermarket: Find Shipping Info, Payments, and Restrictions Here!
Shenzhen Sam Supermarket ｜SF Express delivers goods directly to Hong Kong in the fastest half day!Read SF shipping address, shipping method, payments, and embargo list in one article Shenzhen Sam’s Supermarket is very popular, and all walks of life are trying their best to get a piece of the pie! In addition to travel agencies […]
RMB Exchange Rate Reaches New High Against US Dollar, Experts Predict Further Strengthening
The RMB exchange rate against the US dollar continued to be strong on Thursday (28th), rising above the RMB 7.1 mark on Friday. According to “Wall Street Insights”, the offshore RMB exchange rate against the US dollar rose to 7.0886 yuan on Friday, setting a new daily high since June this year and rising more […]
Offshore RMB Exchange Rate Rises as US Federal Reserve Signals Interest Rate Cuts
Positive Economic Indicators Spur Market Gains The offshore RMB exchange rate reached a new high of 7.13 yuan in intraday trading on Thursday, coinciding with a significant surge in Hong Kong stocks. This positive market movement was prompted by the US Federal Reserve’s (Fed) release of a dovish signal and Chairman Jerome Powell’s clear indication […]
Wilber Pan and Xuan Yun’s Sweet Makeup Wedding in Bali
Wilber Pan and Xuan Yun Hold Makeup Wedding in Bali On November 29, Wilber Pan took to social media to share a heartwarming wedding photo with his wife, Xuan Yun. The couple, who had previously announced their marriage in July 2020, decided to hold a makeup wedding in Bali. In the photo, the couple can […]
Welcome to Shenzhen Costco: Your Guide to Registration and More!
Top Places to Visit in Shenzhen｜Costco Supermarket Opens in Shenzhen! Enjoy 2 Big Membership Discounts, with the lowest price being only RMB 199. Read on for registration instructions and how to get there. The American supermarket chain Costco is set to open its first flagship store in Shenzhen in January 2024. This presents a great […]
RMB Exchange Rate Hits New High and Remains Stable
RMB exchange rate hits new high in six months and remains stable Xinhua News Agency, Beijing, November 25 (Xinhua) The “China Securities Journal” published an article on the 25th reporting that the central parity rate of the RMB exchange rate has reached a new high in the past six months and remains stable with a […]
RMB Strengthens: Factors Driving the Recent Surge in the Exchange Rate
RMB Strengthens Against US Dollar The onshore and offshore RMB saw a significant counterattack on Monday, with the onshore RMB rising above the 7.17 yuan mark and the offshore RMB reaching new highs in three months, rising more than 800 and 500 basis points, respectively. On Tuesday, the offshore RMB exchange rate against the US […]
