In the context of the Russia Ukraine crisis, the COVID-19, and the Federal Reserve's interest rate hike, the economies of many countries are collapsing. In addition to the growing food crisis, in the face of high global inflation, the Federal Reserve has continued to raise interest rates, which has pushed up the cost of dollar financing and brought greater debt repayment pressure to emerging economies.

Since 2022, the strong US dollar leads to an increase in the risk of global debt default. The cost of developing economies to repay U.S. dollar debt is also rising. The financial and economic risks of countries are also increasing, and economic uncertainty is greatly enhanced. Historically, many interest rate hikes by the Federal Reserve have brought many uncertainties to emerging market economies. 

Affected by currency devaluation and exchange rate changes, the purchasing power of countries with serious currency devaluation and most emerging markets is seriously affected, leading to increased uncertainty in international trade. Gunuo Industrial CO., Ltd (referred to as GNS) start the export business 10 years ago, with years of export experience and strong company strength and pressure resistance, the export business has maintained stable growth.