Big event of the week! The United States cancels its designation of China as a "currency manipulator"

According to foreign media reports, Amazon announced that third-party sellers can now continue to use FedEx for delivery. It has been almost a month since the ban was lifted.

It is reported that an Amazon spokesperson also confirmed the news. The spokesperson said that FedEx Ground and Home services have always met Amazon's on-time delivery requirements, so it has restored the shipping options for Prime orders.

Recently, there have been reports that Amazon is deepening its relationship with Future Retail, India's second largest retail chain.

According to foreign media reports, the two parties have signed a long-term business agreement to expand the coverage of future retail stores through the Amazon India marketplace.

According to customs statistics, the total value of my country's import and export of goods in 2019 was 31.54 trillion yuan, an increase of 3.4% over 2018. Among them, exports were 17.23 trillion yuan, an increase of 5%; imports were 14.31 trillion yuan, an increase of 1.6%; and the trade surplus was 2.92 trillion yuan, an increase of 25.4%.

Customs statistics show that in 2019, my country's foreign trade import and export scale climbed quarter by quarter, reaching 3.01 trillion yuan in December, with a year-on-year growth rate of double digits, at 12.7%. Among them, exports were 1.67 trillion yuan, up 9%; imports were 1.34 trillion yuan, up 17.7%. In December, the scale of foreign trade import and export, exports, and imports all hit monthly historical peaks.

India's antitrust regulator on Monday ordered an investigation into Amazon and Walmart's e-commerce platform Flipkart for suspected violations of fair competition laws, according to foreign media reports.

The investigation is the latest setback for Amazon and Flipkart in India, where brick-and-mortar traders have accused the two companies of violating the country's foreign investment rules, which both companies have denied.

According to a report by Xinhua News Agency on January 14, the U.S. Treasury Department released its semi-annual exchange rate policy report on the 13th, canceling its designation of China as a "currency manipulator."

Stimulated by this news, the upward trend on the 13th continued. On the 14th, the onshore RMB and offshore RMB against the US dollar once rose above the 6.87 mark, the first time since July last year.

As of 17:45 Beijing time, the onshore RMB exchange rate against the US dollar was 6.8841. If calculated from December 3, 2019, it has skyrocketed by nearly 1,900 basis points in 28 days. If calculated from the low of 7.1854 on September 3, the RMB has accumulated an increase of more than 3,000 basis points so far!