Russian Agricultural Bank returns to SWIFT system

The European Union is considering a Russian proposal to set up a branch of the Russian Agricultural Bank to regain access to global financial networks, Reuters reported July 3, citing the Financial Times.   The newspaper […]

Iran becomes new member of SCO

The SCO Secretariat held a flag-raising ceremony of Iran in Beijing this afternoon (4) to welcome the new members. The number of official SCO members increased to nine.   In September last year, the SCO Samarkand […]

China-Honduras Free Trade Agreement Negotiations Begin

On July 4, China Minister of Commerce Wang Wentao and Honduran Minister of Economic Development Cerrato announced the launch of China-Honduras Free Trade Agreement (FTA) negotiations by video on behalf of their respective governments.   On […]

China Manufacturing PMI at 49.0% in June

The website of China Statistics Bureau released the operation of China Purchasing Managers’ Index in June 2023.   I. China’s manufacturing purchasing managers’ index operation   In June, the manufacturing purchasing managers’ index (PMI) was 49.0%, up […]

China-Africa Trade Index released for the first time

On June 29, the General Administration of Customs released the “China-Africa Trade Index” for the first time during the 3rd China-Africa Economic and Trade Fair. The index, with a base value of 100 points in […]

Argentina Approves the Opening of RMB Bank Accounts

On June 29, local time, the Central Bank of Argentina issued an announcement stating that the renminbi will be included in the currency allowed for deposits and withdrawals in the Argentine banking system, and that […]