femorning 09.15

China has maintained its position as ASEAN"s largest trading partner for 14 consecutive years. The RMB exchange rate against the US dollar is facing short-term depreciation pressure. The Greater Bay Area has a population of 60 million and contributes significantly to China"s economic development. Thailand implements a visa-free policy for Chinese and Kazakhstani tourists. Nantong City adjusts its incentive and subsidy policies for purchasing houses. The smartphone market in North America is expected to recover slightly in 2024.