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Hot Topics: • 40 Years & Onward • SCO economic cooperation • China to significantly cut auto import tariffs

China makes remarks on White House trade statement

China's Ministry of Commerce said if the U.S. unveils another list of Chinese products for additional tariffs, China will strike back.
• Trump's tariffs will harm US businesses, int'l trade

Features & Analyses >>

All for one or one for all?: Clarifying the misunderstanding surrounding the Belt and Road Initiative

SCO to continue spurring global growth: Following from this year's Qingdao Summit, the Shanghai Cooperation Organization will continue to foster new prospects for the integrated development of its member countries, bringing fresh impetus to global growth.

Harbin Int'l Economic and Trade Fair concludes: 29th Harbin International Economic and Trade Fair saw a total contract value of over 59 billion yuan.

Chinese banks continue to see net forex purchase in May: Chinese commercial banks continued to see net foreign exchange purchase and cross-border capital flows remained stable.

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Global

Index	Latest	Change	Time month/day
HSI	30440.17	-0.93%	06/14
NIkkei	22744.00	-0.97%	06/14
Dow Jones	25201.20	-0.47%	06/13
Nasdaq	7695.70	-0.11%	06/13
S&P 500	2775.63	-0.40%	06/13

Currencies

RMB Exchange Rates June 19, 2018

Issued by State Administration of Foreign Exchanges


Currency (Unit:100)	RMB

US dollar	642.35

Euro	746.68

Japanese yen	5.8203

HK dollar	81.835

British pound	850.84

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