RMB Gains Boost Russian Trade Amid Global Shifts

RMB Gains Boost Russian Trade Amid Global Shifts

The strengthening RMB exchange rate is injecting new vitality into the Russian economy. China-Russia trade continues to grow, with local currency settlement reaching 99.1%. The RMB has become an important part of Russia's international settlement system, effectively improving the financial situation of Russian exporters and enriching the national budget. This increased use of the RMB in trade significantly reduces reliance on the US dollar and euro, fostering greater economic independence and stability for both nations.

01/30/2026 International Settlement
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Swiss Trade Surplus Shrinks As Global Demand Weakens

Swiss Trade Surplus Shrinks As Global Demand Weakens

Switzerland's trade surplus decreased to CHF 3.84 billion in November, with exports falling by 7.1% compared to the previous month. Watch exports experienced a year-on-year decline of 7.3%. Factors such as the global economic downturn, geopolitical risks, and exchange rate fluctuations may impact Switzerland's trade performance. The decline in watch exports, a key sector for the Swiss economy, is particularly noteworthy and warrants further monitoring to understand the underlying causes and potential long-term effects.

01/30/2026 International Settlement
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Bank of China Eases Money Transfers from China to Malaysia

Bank of China Eases Money Transfers from China to Malaysia

This article, from a data analyst's perspective, provides a detailed explanation of the process, methods, and fees associated with cross-border remittances from the Bank of China to Malaysia. It covers online and offline operation guides, comparisons of methods like telegraphic transfer/Western Union/SWIFT, and an analysis of the impact of handling fees and exchange rates. The aim is to provide users with a clear and practical reference for making informed cross-border remittance decisions.

01/30/2026 International Settlement
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Chinasaudi Arabia Direct Flights Enhance Trade and Cultural Ties

Chinasaudi Arabia Direct Flights Enhance Trade and Cultural Ties

Direct flights between China and Saudi Arabia serve as an aerial bridge connecting the economies and cultures of both nations. By reducing travel time and enhancing the travel experience, these flights facilitate bilateral trade, investment, and cultural exchange. Several airlines offer direct routes from major Chinese cities to key Saudi Arabian destinations, laying the foundation for mutually beneficial cooperation between the two countries. The increased accessibility fosters stronger ties and opportunities for growth in various sectors.

01/30/2026 Logistics
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Beijing Airport Customs Clearance Guide for Export Returns

Beijing Airport Customs Clearance Guide for Export Returns

This article focuses on the issue of export returns, using Beijing Airport as an example. It elaborates on the operational procedures and precautions of export returns from ten aspects: analysis of return reasons, timeliness management, identification of trade methods, export tax rebate processing, subsequent cargo handling, document preparation, foreign exchange management regulations, special cargo declaration, terminal and warehousing selection, and customs broker selection. The aim is to help foreign trade companies efficiently and compliantly handle return matters and minimize losses.

02/21/2025 Customs Knowledge
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Industry Veteran Shares Key Insights for Freight Forwarders

Industry Veteran Shares Key Insights for Freight Forwarders

This article focuses on the experience sharing of a freight forwarding forum user, "Roadman123," emphasizing the importance of details in freight forwarding work, precautions for container pick-up operations, and the value of freight forwarding experience exchange. By analyzing Roadman123's interactions and past issues, it provides a pitfall avoidance guide and learning suggestions for freight forwarders, aiming to improve work efficiency and avoid potential risks. It highlights practical tips and lessons learned to help practitioners navigate the complexities of the industry.

08/23/2025 Logistics Encyclopedia
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Freight Forwarders Prioritize Community Engagement and Knowledge

Freight Forwarders Prioritize Community Engagement and Knowledge

This paper analyzes the behavioral patterns of a user named FREEDOM on the Jiyun Baodian forum, focusing on their personal homepage data. It aims to reveal the needs and challenges of freight forwarders in knowledge acquisition and experience exchange. By examining FREEDOM's activities, the study provides insights into the ecosystem of the freight forwarding community. Finally, it proposes suggestions for enhancing the value and effectiveness of freight forwarder communities by better addressing the specific knowledge and networking requirements of its members.

08/23/2025 Logistics Encyclopedia
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Freight Forwarding Guide Managing Late Arrival Notices

Freight Forwarding Guide Managing Late Arrival Notices

This article targets novice freight forwarders, focusing on obtaining late departure notices, information inquiry channels, and experience exchange. It emphasizes the importance of building good relationships with shipping companies and provides various information inquiry channels to help novice freight forwarders grow quickly. The discussion covers practical tips and resources to navigate the complexities of freight forwarding, ensuring new professionals can efficiently track shipments and communicate effectively with partners and clients. Ultimately, it aims to accelerate the learning curve for newcomers in the industry.

08/23/2025 Logistics Encyclopedia
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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Rupali Bank PLC SWIFT Code Guide for Secure Transfers

Rupali Bank PLC SWIFT Code Guide for Secure Transfers

This article provides a detailed analysis of RUPALI BANK PLC.'s SWIFT/BIC code, RUPBBDDHGCD, and explains its crucial role in international money transfers. It recommends using XE for smarter and more convenient cross-border payments, highlighting better exchange rates, lower fees, and faster transfer speeds. The article also includes a FAQ section and a disclaimer to ensure users are fully informed. It aims to provide comprehensive information regarding RUPALI BANK PLC.'s SWIFT code and its application in facilitating international transactions.

09/04/2025 Exchange Rate Query
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