Gold Prices Rise As Chinas Central Bank Boosts Reserves

Gold Prices Rise As Chinas Central Bank Boosts Reserves

The People's Bank of China has increased its gold reserves for the 10th consecutive month, reaching 74.02 million ounces, pushing gold prices above $3500/ounce. This reflects China's foreign exchange reserve diversification strategy, driven by expectations of US interest rate cuts, concerns about the Federal Reserve's independence, and geopolitical risks. Analysts predict further gold price increases, highlighting a clear trend of global central bank gold purchases and solidifying gold's position as a safe-haven asset.

01/28/2026 Exchange Rate Query
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Guide to Mobile Banking for Coupang Ad Recharges

Guide to Mobile Banking for Coupang Ad Recharges

This article details the mobile banking cross-border transfer process for Coupang advertising fee recharge, using China Construction Bank as an example. It explains key steps such as foreign exchange purchase, filling in recipient information, and submitting bank statements. This guide helps Coupang sellers easily complete advertising recharges and improve advertising efficiency. It provides a practical tutorial for navigating the complexities of international payments for Coupang ad campaigns, ensuring a smooth and successful recharge process.

01/06/2026 International Settlement
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New Tool Streamlines Crossborder Logistics Cost Calculations

New Tool Streamlines Crossborder Logistics Cost Calculations

This article provides a detailed analysis of the calculation methods for cross-border logistics costs, including the cost structures of international express, postal packages, dedicated line logistics, and overseas warehouses. By understanding the cost structures, businesses can effectively manage transportation costs, enhance international shipping efficiency, and improve profitability.

08/04/2025 Logistics Encyclopedia
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China Banks SWIFT Codes Key to Secure Global Transfers

China Banks SWIFT Codes Key to Secure Global Transfers

This article provides a detailed explanation of the Bank of China's SWIFT code (using BKCHCNBJ23A as an example), emphasizing the importance of using the correct SWIFT code for international transfers. It outlines the structure and function of the code and offers guidance on how to find the specific SWIFT code for different Bank of China branches. The aim is to help readers conduct cross-border remittances safely and efficiently, avoiding potential delays or loss of funds. Accurate SWIFT code usage is crucial for successful international transactions.

09/03/2025 International Settlement
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Guide to China Merchants Banks SWIFT Code for Global Transfers

Guide to China Merchants Banks SWIFT Code for Global Transfers

This article provides a detailed analysis of the SWIFT code CMBCCNBS101 for China Merchants Bank Wuhan Branch. It explains the importance of SWIFT codes, their components, and usage precautions. The article emphasizes the significance of verifying bank information, confirming branch codes, and country/region details during cross-border remittances. It also highlights the potential consequences of using incorrect SWIFT codes, aiming to help readers avoid remittance errors and ensure the safety of their funds. Understanding these details is crucial for successful international money transfers.

09/04/2025 International Settlement
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Amazon Sellers Gain Edge with Crossborder Logistics Solutions

Amazon Sellers Gain Edge with Crossborder Logistics Solutions

This article analyzes common cross-border logistics methods used by Amazon sellers, including FBA, third-party overseas warehouses, international express delivery, postal parcels, and dedicated line logistics. It introduces the service characteristics, advantages, disadvantages, and applicable scenarios of each method, providing guidance for sellers in selecting efficient logistics.

08/04/2025 Logistics Encyclopedia
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