Why does the exchange rate affect the wheel balance weight prices?

Impact of the Depreciation of the USD to CNY Exchange Rate on the Wheel Balance Weight Market. Buyer: Hey, hello! I have been following the situation in the automotive counterweight market recently and heard that the depreciation of the US dollar against the RMB has a Big impact on counterweight prices. Can you explain it […]

Morning News .On Nov.4.2023

China has recently introduced a visa-free policy for passport holders from France, Germany, Italy, the Netherlands, Spain, and Malaysia. This means that travelers from these countries can now visit China without needing a visa. The sales of passenger cars in the European Union have been consistently increasing for 15 months in a row. In October, […]

1 USD to CNY Exchange Rate ,Live Price

A: Hey, have you heard about the USD to CNY exchange rate? B: Yes, it dropped from 7.32 to 7.11 in just over ten days! A: Really? That’s a significant drop. What was the rate at the beginning of November? B: It was around 7.32, then it fluctuated between 7.27-7.28 for a while. A: And […]

Urgent Notification! Price Increase for Car Wheel Weights. Nov,22,2023

Dear customers, we need to announce an important message to you. Due to various factors, we have to adjust the prices for car wheel weights. In order to ensure that you are informed and able to adapt to this change in a timely manner, we will list below some main reasons. 1st: “Massive Decline in […]

China and Serbia signed a free trade agreement (zero tariff on 90% of tax items)!

China and Serbia signed a free trade agreement (zero tariff on 90% of tax items)China and Serbia will mutually cancel tariffs on 90% of tax items. Among them, more than 60% of tax items will have tariffs removed immediately after the agreement takes effect. The final import volume proportion of both sides with zero tariff […]

Serbia Approves Free Trade Agreement with China,on Nov,2023 #RECP

塞尔维亚批准与中国的自由贸易协定 据塞尔维亚南通社报道,塞尔维亚国民议会日前批准了多项协议,包括与中国的自由贸易协定。与中国的自由贸易协定涉及10412种塞尔维亚产品和8930种中国产品。根据协定,第一组产品将从协定生效之日起免税,其他三组产品将在5年、10年和15年期间分别等额逐渐减少至零关税,对某些产品的关税仍然有效. Serbia Approves Free Trade Agreement with China According to the Serbian news agency Tanjug, the Serbian National Assembly has recently approved several agreements, including a free trade agreement with China. The free trade agreement with China covers 10,412 Serbian products and 8,930 Chinese products. According to the agreement, the first group of products […]

BRI can get global recovery on fast track

The high-speed railway between Jakarta and Bandung, Indonesia, jointly built by China and Indonesia, was officially put into operation last week. This is the first high-speed railway project China has independently completed overseas. China also signed a contract with Serbia last week for exports of its high-speed trains. This is the first time China has […]

BRICS builds momentum for better world

President Xi Jinping (second left), Brazilian President Luiz Inacio Lula da Silva (left), South African President Cyril Ramaphosa (center), Indian Prime Minister Narendra Modi (second right) and Russian Foreign Minister Sergey Lavrov pose for a group photo during the 15th BRICS Summit at the Sandton Convention Centre in Johannesburg, South Africa, on Wednesday. GIANLUIGI GUERCIA/AP