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Xi Jinping Electronics announced the withdrawal from the Chinese market and the sale of the entire shareholding in Jiangsu Jianlong Technology, reflecting the Chinese-US geopolitical tensions in the lower semiconductor industry strategy adjustment.

Chinas customs data showed that China-France trade grew at an average annual rate of 5.9%, agricultural products and high-end consumer goods trade grew rapidly, and cooperation in the field of scientific and technological innovation was deepened.

Indias imports from China exceeded $101 billion, and its share of Chinese products in Indias industrial imports increased to 30 percent, showing stronger economic ties between the two countries and increased market dependence.

The rise in the dollar exchange rate has benefited U.S. exports, Asian chip manufacturers and European industrial and pharmaceutical companies have risen in share prices, and the global financial market has experienced changes in multiple segments.

Russian wheat exports are expected to be high in innovation, affecting markets in Africa and the Middle East, reflecting pricing advantages and geopolitical implications, with global wheat supply facing challenges.

In the first quarter of 2024, Chinas total exports of clothing reached $338.2 billion, an increase of 1.1%, and Chinas exports of clothing and One Belt and One Road countries grew significantly, showing the resilience of the industry.