On May 5th, the offshore Chinese yuan rose above the 7.20 mark against the US dollar, marking the first time since November last year. The largest increase in two trading days was nearly 900 points.

China is one of Kyrgyzstan's largest trade partners. In 2024, bilateral trade between China and Kyrgyzstan reached USD 2.27 billion, accounting for 24% of China's total trade with Central Asian countries, a 14.7% increase from 2023.

On April 30th local time, Brazilian President Lula met with Wang Yi, member of the Political Bureau of the Communist Party of China Central Committee and Minister of Foreign Affairs, in Brasilia.

Hong Kong’s Ming Pao Reports
At the 2025 Canton Fair, multiple Chinese exporters revealed that U.S. retail giants such as Walmart, Target, and The Home Depot have notified them to resume shipments of goods previously suspended due to high U.S. tariffs on China, with tariff costs to be borne by U.S. buyers. The U.S.-China tariff war had previously caused abrupt fractures in American retail supply chains, leaving companies reliant on Chinese suppliers, including Walmart and Target, in crisis. Approximately 40% of essential goods now face supply shortages, with seasonal categories like holiday decorations being the hardest hit. Chinese suppliers, grappling with profit margins compressed by over 40%, collectively halted shipments to the U.S.

Compliance Alert! Multiple countries have recently intensified fraud detection in Certificates of Origin (CO) and launched crackdowns on non-compliant transshipment trade activities.

In the next 5 to 10 years, intensified great - power competition and geo - political rivalry will heighten global uncertainty. Yet the Regional Comprehensive Economic Partnership (RCEP) and China's rapid development will inject valuable certainty into the world.

On March 13, Ministry of Commerce Vice Minister Yan Dong and Cambodian Minister of Commerce Pan Sorasak co - chaired the seventh session of the China - Cambodia Economic and Trade Cooperation Committee in Phnom Penh.

As the US officially launched a full - scale tariff war globally, contradictions emerged within the US government.
On the one hand, US Vice President J. D. Vance indicated externally that other sectors than the automotive one wouldn't gain US - Mexico tariff exemptions. But at the same time, the US Secretary of Agriculture stated that Trump was considering removing some tariffs on Canadian and Mexican agricultural products.

French President Emmanuel Macron said on the 22nd that France is still trying to form a "blocking minority" within the European Union to prevent the entry into force of the EU-Mercosur Free Trade Agreement.

In 2024, China's light industry experienced rapid production growth, with both domestic and foreign trade markets expanding steadily. The industrial structure continued to optimize and upgrade, effectively supporting the stable growth of the industrial economy.