July 6 Trade Risk Alert
Release time:
2020-07-07 08:13
Source:
This year the global aviation industry or loss 843Billions of dollars.According to CCTV financial news, the International Air Transport Association predicts that 2020The global airline industry will lose $84.3 billion billion in 2012, and airlines have become "frequent visitors" to bankruptcy courts ". Some experts say that nearly two dozen airlines have declared bankruptcy protection or declared bankruptcy directly. (CCTV Finance)
Goldman Sachs cuts US GDPIt is expected to shrink by 4.6 for the whole year.As some U.S. states implement new outbreak prevention and control measures, 7The stagnation of consumer spending in January and August will limit the rebound of the U.S. economy in the third quarter. Goldman Sachs lowered its forecast for the U.S. GDP in the third quarter. It is expected that the U.S. economy will grow by 25% in the third quarter, which may lead to a 4.6 percent decline in the whole year of this year. (Oriental Wealth Network)
4The U.S. hotel industry has lost more than 330 of its revenue in more than a month.Billions of dollars.According to CCTV Finance 4According to the daily report, the hotel industry has become one of the hardest hit industries in the United States under the epidemic. Since mid-February, the U.S. hotel industry has lost more than $33 billion in revenue. Recently, with the restart of the state economy, the vacancy rate of the hotel industry has decreased, but it is still close to a high of 60%. (CCTV Finance)
Sweden extends restricted entry policy to 831 January and relaxed entry restrictions. 7Month 2In a press release on the Swedish government's official website, the Swedish government decided to extend the Swedish entry restriction policy until August 31 in order to reduce the spread of the new coronavirus virus. At the same time, the Swedish government has also decided to relax entry restrictions, allowing EU citizens, their families and people with Swedish residence permits to enter Sweden for any travel purpose. (Ministry of Commerce website)
6The Czech fiscal deficit hit an all-time high in January.Jettel 7It was reported on January 1 that according to data released by the Ministry of Finance, the Czech Republic had a fiscal deficit of 195.2 billion koruna (about 8.2 billion US dollars) in June this year, an increase of 37.8 billion koruna (about 1.6 billion US dollars) from May. Among them, the fiscal revenue was 699.7 billion kronor (approximately US $29.1 billion), a year-on-year decrease of 44.2 billion kronor (approximately US $1.8 billion). This was the worst fiscal year in June since the founding of the Czech Republic in 1993. (Ministry of Commerce website)
French economy down 17 percent in second quarter.According to the French Institute of Statistics and Economic Research, the Central Bank, the Institute of Economic Situation and various industry associations 29According to data released on the 2nd, France's economic growth fell 17% in the second quarter. Economic activity in June was 12 per cent lower than in normal years and significantly better than during the April-May period. (Ministry of Commerce website)
Philippines 2020Annual nickel ore production may decline.据Manila Bulletin News 6Nickel production in the Philippines, one of the world's highest-mining countries, is likely to decline further this year as a new crown outbreak could lead to a global recession, it was reported on 28 March. (Ministry of Commerce website)
Iranian President Says Iran's New Crown Epidemic Will Continue At Least until 3 Next Yearmonth.Iran's IFPnewsReported on June 30. Iranian President Rouhani said on Tuesday that Iran's new crown epidemic is far from over and may last at least until the end of the Iranian calendar year, in March next year. (Ministry of Commerce website)
Zero tariff Australian beef on sale in Hainan: nearly 20 per catty cheaperYuan.3The first batch of 1785 in HainanHead enjoy "zero tariff" imported Australian live cattle arrived in Hainan. At present, after slaughter, quarantine and qualified this batch of beef officially entered the market for sale. Reporters in Haikou sales point to see, many meat stalls in front of the long line. The first batch of Australian live cattle have been slaughtered and have been officially sold in Haikou's major supermarkets today. It can be seen from the price per catty that it is nearly 20 yuan cheaper than some other beef on the market. Because of its superior meat quality and affordable price, it is favored by consumers. (CCTV Finance)
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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.
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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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