June 30 Trade Risk Alert
Release time:
2020-06-30 17:59
Source:
The United States announced the cancellation of special-related treatment in Hong Kong.Local time 29The U.S. Department of Commerce said in a statement on its website that it had lifted special-related treatment for Hong Kong, including the suspension of export license exemptions, and was conducting a differential treatment assessment. The statement pointed out that as Hong Kong adopts new security measures, the risk that sensitive US technology will be transferred to the Chinese People's Liberation Army or the Ministry of National Security has increased. Therefore, it has decided to revoke Hong Kong's special status. (Global Times)
Nearly half of Americans are unemployed, and the employment-to-population ratio has fallen to 52.8 percent..Local time 629, the United States Bureau of Labor Statistics latest 5The monthly statistics show that the proportion of the employed population fell to 52.8 per cent that month, or 47.2 per cent of the United States population was unemployed. Economists predict the unemployment rate will fall back to 12.4 percent in June, down from 13.3 percent in May. (CCTV Network News)
Brazil's central bank slashed its growth forecast.Brazil's central bank 2020 the country due to the new coronary pneumonia outbreakEstimate for annual economic growth slashed from 0 to -6.4 percentUncertainty about the pace of recovery in the second half of this year remains very high. (Daily Economic News)
Hungary 3-5The monthly unemployment rate is 4.1 percent.6Month 29In March-May this year, the average unemployment rate in Hungary was 4.1 percent, affected by the new coronary pneumonia epidemic.It is the fourth best performing EU country in the labor market. In May this year, the unemployment rate in Hungary was 4.7, up 0.6 percentage points from the previous month and 1.2 percentage points from the same period last year. (Ministry of Commerce)
New Zealand is pushing for a recovery in tourism.New Zealand Tourism Minister Davis recently announced that it will spend 4billion New Zealand dollars (1 U.S. dollar is about 1.56New Zealand dollar) to help revive domestic tourism. The New Zealand government has recently launched new measures to stimulate the tourism economy by injecting capital into tourism enterprises and proposing to shorten the working hours of the week. At present, the government has allocated NZ $35 million to tourism operators to fund the whale watching project in Kaikoura, the cave project in Waitomo, the Hackett bungee jumping project and more than 30 regional tourism organizations to further build tourism products and tap tourism resources. (People's Daily)
Japan's Unemployment Rate Rising for Three Months! 5Nearly 2 million people "lost their jobs" in January ".According to Kyodo News, Japan's Ministry of Internal Affairs 30Japan's total unemployment rate was 2.9 percent in May, data showed., up 0.3 percentage points from the previous month, worsening for three consecutive months, rising to the highest level since May 2017, and the impact of the spread of the new coronavirus epidemic has further emerged. The number of people completely unemployed increased by 330000 to 1.98 million over the same period last year, nearly 2 million. The data also showed that the effective recruitment rate in May was 1.20 times, a decrease of 0.12 percentage points from the previous month, and a decline for five consecutive months. The decline in the effective recruitment rate was second only to the 0.2 percentage point drop in January 1974 after the oil crisis, reaching a 46-year and 4-month high. (Zhongxin Jingwei)
Ministry of Ecology and Environment: next year, a total ban on solid waste imports will no longer accept applications.Ministry of Ecological EnvironmentPress SpokesmanLiu Youbin 30Day in routine.Press conferenceIn the second half of this year, the Ministry of Ecology and Environment will continue the approval model for the first half of the year and further reduce the number of waste products according to the established plan.Metalsolid wasteImportsQuantity. Self -2021Since then, China has completely banned the import of solid waste, and the Ministry of Ecology and Environment will no longer accept and approve applications related to the import of solid waste. This year is to ban the entry of foreign garbage and promote the import of solid waste.ManagementThe closing year of institutional reform. The newly revised Law on the Prevention and Control of Environmental Pollution by Solid Waste will be issued from September this year.Month 1It clarifies the import of suspected solid waste.GoodsLegal requirements such as attribute identification, return and disposal of illegal entry solid waste have been carried out, and penalties for violations have been greatly increased, in order to further promote the reform of the solid waste import management system.WorkLegal guarantees are provided. (China Securities Network)
Information on technical trade measures.1、6Month 8On the 15th, China's Ministry of Agriculture and Rural Affairs issued a policy to relax the registration conditions for export pesticides and promote pesticide export trade. 2. The European Union revised the import tariff on wheat, corn and other grain products, and the import tax will be determined from June 23, 2020. From March to June 15, Japan lifted the monitoring and inspection of some chemical elements in Chinese-made chili, litchi and carrots; 4. The European Union Biocidal Commission recently approved three active substances and their corresponding product types, two of which are used in disinfectants. 5. An Australian air-conditioning enterprise was fined $12,600 by the Australian Ministry of Agriculture, Water and Environment for importing hydrochlorofluorocarbons that did not hold a controlled substance license. 6. On June 15, the South Korea Food and Drug Safety Office strengthened the management of misuse and abuse of drugs to prevent illegal circulation. 7. On June 19, the U.S. Environmental Protection Agency issued the final draft of the first chemical risk assessment after the completion of the amendment to the Loudenberg Act.(Provided by Shandong Yile Testing Technology Co., Ltd.)
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The company was founded in 1997, currently 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting. The company's process equipment strength, Japan's new east automatic casting line 6, commercial vehicle brake disc automatic casting line 2. There are 56 processing lines -6 full-automatic one-word processing lines and 30 robot processing lines. Packaging cleaning line 5, spraying line 3.
Since the beginning of this year, the price of raw materials has risen sharply, sea freight has soared, and the difficulty of finding a box of shipping space has seriously plagued manufacturing companies. The current power curtailment has made companies even worse. Take our company as an example. Since the power limit in early September, the company's production capacity has dropped by about 50% on average every day. Exports have decreased by 0.02 billion yuan. The performance rate of orders in hand is about 50%. New orders were reduced by 10%. These data are the impact of the current power rationing on enterprises. If the power rationing situation is not alleviated, the impact on enterprises in the fourth quarter will be more serious.
Recently, Yunnan, Jiangsu, Qinghai, Ningxia, Guangxi, Guangdong, Sichuan, Henan, Chongqing, Inner Mongolia, Henan and other places have begun to carry out energy control measures to limit energy consumption.
The total power generation in 021 is not low. In the first half of the year, China's total power generation was 3871.7 billion kWh, twice that of the United States. At the same time, China's foreign trade has grown extremely fast this year. According to data recently released by the General Administration of Customs, in August, the total value of my country's foreign trade imports and exports was 3.43 trillion billion yuan, a year-on-year increase of 18.9 percent, achieving positive year-on-year growth for 15 consecutive months, further showing a steady and solid trend. In the first eight months, the total value of China's foreign trade imports and exports was 24.78 trillion billion yuan, up 23.7 percent year-on-year and 22.8 percent over the same period in 2019.
The impact of the neo-coronary pneumonia epidemic on global supply chains continues, with high international freight rates, container shortages and terminal congestion still unabated, and labor shortages exacerbating the dilemma. The outbreak of the new coronary pneumonia epidemic in 2020, due to the obstruction of international freight, soaring transportation costs, international trade in goods greatly hindered, triggering a supply chain crisis in many countries (regions), since 2021, the new coronary pneumonia virus variant strain raging, so that the supply chain has not yet fully recovered.
Statistics from the China Association of Automobile Manufacturers show that in the first seven months of 2021, China's cumulative automobile exports reached 1.002 million, an increase of 1.2 times year-on-year, but the month-on-month growth was only 9.8 percent, showing a shrinking trend. Moreover, commercial vehicle exports fell 11.6 percent month-on-month, of which new energy commercial vehicle exports fell 57.8 percent month-on-month. It is said that the main reason for the decline in automobile exports is the poor shipping channels.
Product recommend
At present, 4000 a variety of models of automobile brake discs, brake drums with an annual output of 10 million pieces. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
At present, 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
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