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Home > Latest

Dong Jun held talks with the French Minister of Defense

date
13/05/2025
On May 12th, during his visit to France, Minister of National Defense Dong Jun held talks with French Defense Minister Florence Parly at the invitation. The two sides had in-depth exchanges of views on the relationship between the two countries' militaries, the international and regional situation, and issues of mutual concern, and reached a consensus on strengthening practical exchanges and cooperation between the two militaries. Before the talks, Parly held a welcome ceremony for Dong Jun's visit to France and accompanied him in reviewing the honor guard.
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2 m ago
The RMB exchange rate index will significantly strengthen, and the central fluctuation range of the USD to RMB exchange rate will move from 7.3 to 7.2. The macro team of China Galaxy Securities stated that with substantial progress in the China-US trade negotiations, uncertainties in the macro economy of China and the US have significantly decreased. The RMB exchange rate will show structural differentiation, with the gains of the Euro and Yen becoming more significant. At the same time, China Galaxy Macro believes that if the USD breaks the key level of 7.2 against the RMB, the market will have strong expectations for appreciation, and the foreign exchange supply and demand relationship may reverse, leading to a short-term potential breakthrough of 7.1 for the USD against the RMB. However, stabilizing around 7.1 may require more support. Further escalation of China's fiscal policy or more positive signals from the next stage of China-US trade negotiations will help shift the central fluctuation range of the USD to RMB exchange rate from 7.2 to 7.1.
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