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Jiangxi Province opens its first air cargo route to Bangladesh

China

China

China

Jiangxi Province opens its first air cargo route to Bangladesh

2024-10-16 17:12 Last Updated At:19:27

The first air cargo route from China's eastern province of Jiangxi to Bangladesh officially opened on Tuesday.

An all-cargo plane carrying 55 tons of clothing and general merchandise departed from Nanchang City on Tuesday and headed for Dhaka, the capital of Bangladesh.

The route is set to operate two flights per week, mainly transporting general cargo, cross-border e-commerce goods and edible aquatic products, which can effectively meet the demand for air cargo from Jiangxi to the South Asian nation.

The opening of this air route is expected to give a boost to the trade between Jiangxi and South Asian countries, and also provide more convenient and efficient logistics services for the economic and trade cooperation between the province and the Belt and Road partner countries and regions.

Jiangxi Province opens its first air cargo route to Bangladesh

Jiangxi Province opens its first air cargo route to Bangladesh

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Gold prices hit record high in Japan

2024-10-16 18:53 Last Updated At:19:07

Gold prices in Japan surged to a historical high of 14,088 yen (about 94.27 U.S. dollars) per gram, fueled by the ongoing turbulence in the Middle East and the yen's depreciation.

As of Thursday, gold retail prices in Japan had reached new highs for the second consecutive day. The futures price of gold has surged to 85.85 U.S. dollars per gram, making another record. Prices for silver and platinum have also seen an uptick.

A main factor contributing to the rise in gold prices is the ongoing tensions in the Middle East, which spurs investors to seek safer assets and boosts the demand for gold.

The continued depreciation of the yen against the U.S. dollar is also playing a crucial role, as it has led investors to speculate that the Japanese government may intervene in the foreign exchange market. Although the Bank of Japan has not yet taken any intervention measures, nervousness in the market has already begun to surface.

Gold prices hit record high in Japan

Gold prices hit record high in Japan

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