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Real-time News
December 30th - To improve the management of export licenses for automobiles and motorcycles, in accordance with the "Notice on Further Regulating the Export Order of Automobiles and Motorcycles" (Shang Chan Fa [2012] No. 318) issued by the Ministry of Commerce, the Ministry of Industry and Information Technology, the General Administration of Customs, the former General Administration of Quality Supervision, Inspection and Quarantine, and the former Certification and Accreditation Administration of China, and the "Notice on Doing a Good Job in the Application for Export Licenses for Automobiles and Motorcycles in 2026" (Shang Ban Mao Han [2025] No. 408) issued by the General Office of the Ministry of Commerce, the Ministry of Commerce, the Ministry of Industry and Information Technology, and the State Administration for Market Regulation have confirmed the list of enterprises that meet the conditions for applying for export licenses for automobiles and motorcycles in 2026, and it is hereby announced.On December 30th, Didi Chuxing predicted that due to the combined travel demands from commuting, New Years Eve gatherings, travel, and intercity travel for family and friends, the evening rush hour for ride-hailing on December 31st would begin earlier at 3 PM and last until 8 PM, with the highest demand occurring between 5 PM and 7 PM. Domestic ride-hailing demand is expected to exceed 80 million on that day. Furthermore, Didis call volume is projected to remain higher than that of New Years Day 2025 from 9 AM to 5 PM on January 1st, 2026, with a year-on-year increase of 18% from 10 AM to 12 PM.Saudi Arabia has stated that the UAE should accept the call from the chairman of the Yemeni Presidential Leadership Council for the withdrawal of its troops from Yemen.Fitch: Indonesian businesses face consumer recovery and regulatory risks in 2026.The South Korean won has appreciated 2.3% against the US dollar so far in 2025, potentially ending a four-year losing streak.