digital cash market- Top Knowledge

According to the survey of Monetary Authority of Singapore, 33% people expect that the slope of Singapore's exchange rate will be lowered in the January monetary policy evaluation (previously 50%).German Foreign Minister: Germany will provide an additional 8 million euros of humanitarian aid.Lexin Technology: Lexin Technology has no plans to set foot in a specific machine business. Lexin Technology announced a change. In response to the rumor that Lexin Technology, as a supplier of ByteDance bean bag AI toys, provides machine supply business, Lexin provides IOT chips, modules and related software technical support for downstream industries, but has no plans to set foot in a specific machine business. There are specialties in the industry, and there are usually industry solution providers to make specific application solutions for specific industries.

The Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East in Abu Dhabi, United Arab Emirates. According to the website of the Ministry of Commerce, on December 11th, the Ministry of Commerce held a special promotion activity of "Investing in China" in the Middle East and a docking activity of industrial capital between China and the Middle East. Ling Ji, Vice Minister of Commerce and Deputy Representative of International Trade Negotiations, and Zhang Yiming, Ambassador of China to the United Arab Emirates attended the event and delivered speeches. Zhao Haiying, deputy general manager of China Investment Corporation, Zhang Xiaodong, deputy governor of China Bank, and relevant officials of the UAE Ministry of Economy and Investment attended the event. 40 China enterprises from new energy, advanced manufacturing, biomedicine, information technology and other fields negotiated docking with more than 70 sovereign wealth funds and investment institutions in the Middle East, and some enterprises conducted on-site roadshows. Ling Ji said that the purpose of holding this "Invest in China" activity is to implement the important consensus reached by the leaders of China and Arab countries and push the two sides to deepen economic and trade cooperation. At present, China is fully promoting Chinese modernization with high-quality development, developing new quality productivity according to local conditions, and many high-quality enterprises have emerged in emerging frontier areas, which contain broad investment space. Innovation is an important link between China market and capital in the Middle East. China actively encourages venture capital and private equity investment, revises and improves the management measures for foreign investors' strategic investment in listed companies, and supports the development of science and technology enterprises. Welcome Middle East capital to seize the development opportunity of China and deepen cooperation with China in industrial innovation. The participating sovereign wealth funds and investment institutions in the Middle East said that China has a vast market, strong scientific and technological strength, efficient and reliable supply chain and abundant talent pool, and is an ideal destination for innovative investment. It is willing to invest in China and deepen its cultivation in China. Before the event, Ling Ji had a small-scale in-depth exchange with some representatives of sovereign wealth funds and investment institutions in the Middle East, and had a discussion with some representatives of China enterprises.Yushi Technology: There is no factual basis for the company to be included in the "entity list". At present, the production and operation are normal. Yushi Technology issued a statement today: On December 10, 2024 (Beijing time), the Bureau of Industry and Security of the US Department of Commerce issued relevant announcements to include companies such as Yushi Technology in the entity list. There is no factual basis for this decision, and the company has never received any investigation and evidence collection work from any official US agency. We call on the US government to re-examine. Yushi Technology is an independent private enterprise. As a global provider of AloT products, solutions and full-stack capabilities, Yushi Technology has always adhered to the internationally accepted business ethics and compliance management concept since its establishment 13 years ago, abided by the duties of commercial companies and strictly abided by the laws and regulations of the countries where it operates. At present, the company's production and operation are normal, and this incident has no significant adverse impact on the company's operation. We have the ability to ensure continuous and stable product supply and high-quality technical support for global customers.Vietnam Customs: From January to November, Vietnam exported US$ 14.4 billion, up 14.4% year-on-year; Imports reached US$ 16.4 billion, up 16.4% year-on-year.

One person died in a residential explosion in Shenzhen, and the cause of the explosion is under further investigation. At 14: 46 on December 11, 2024, the Shenzhen Fire Rescue Detachment received an alarm: an alarm occurred in a residential building in Building 1, Yuefu Phase II Residential Building, Yuehai Street, Nanshan District, and the command center dispatched firefighting forces to the scene for disposal. As of 18: 00, the open flame had been extinguished, causing one death and no other injuries. The cause of the accident is under further investigation. (Shenzhen Fire Protection)Financial Times: The RMB exchange rate has a solid foundation to remain basically stable. The Financial Times issued a document today saying that recently, after the US election, the market speculated on Trump trading, which greatly pushed up the US dollar index, with the highest exceeding 108. Non-US dollar currencies were generally under pressure. The RMB exchange rate fluctuated in both directions, the flexibility was enhanced, the market expectation was relatively stable, the purchase and sale of foreign exchange by enterprises were rational and orderly, and the foreign exchange market was generally stable. Many industry experts believe that the possibility of the downward trend of the US dollar is increasing, and China's economic development is stable and improving. From the internal and external conditions, the RMB exchange rate has a solid foundation for maintaining basic stability at a reasonable and balanced level, and it is highly probable that it will stabilize and rise with the increase of foreign exchange settlement by enterprises at the end of the year.Vietnam Customs: In November, the coffee export was 63,019 tons; Rubber exports are 230,574 tons.