September 1 Trade Risk Alert
Release time:
2020-09-01 17:42
Source:
U.S. telecommunications software defects caused some of the world's network service outages.On Sunday, a loophole in the CenturyLink of the Washington-based telecommunications giant caused some of the world's Internet services to be disrupted, affecting activities such as streaming services, gaming platforms and live webcasts of European football, the report said. (IT House)
47%American teachers don't want to do it.According to the "America Online" news website, as the new crown epidemic continues to spread in the United States, a new survey shows that 47% of American teachers said in the past month had considered making work changes, including leave, early retirement, change of career, etc.; 17% of teachers considered a complete change of career; and 32% of teachers said they were depressed and had no intention of teaching. (City Finance News)
Western media believe that the economic recovery of major European countries will need to wait for next spring.The rebound in the neo-crown epidemic, the reactivation of measures to restrict the movement of people, and the possibility of tensions in sovereign debt markets pose a huge threat that could force the end of Europe's nascent economic recovery, which major investment banks and analysts have predicted will be delayed until next spring, according to a report on the website of the Spanish newspaper The Economist. (People's Network)
Italy has more than 1,000 new confirmed cases of new crown infection for five consecutive days.According to the outbreak statistics of the Italian Ministry of Health in the past week, more than 1000 new confirmed cases have been confirmed in Italy for five consecutive days since August 26, and 1462 new confirmed cases have been confirmed in a single day on the 28th, the highest number of new confirmed cases in a single day this month. (bright net)
GDP growth in the second quarter of South Korea fell 3.2 percent from the previous quarter.Yonhap News Agency reported on September 1 that the Bank of South Korea announced on the 1st that the South Korea real gross domestic product (GDP) growth rate (provisional value) in the second quarter decreased by 3.2 from the previous quarter, compared with the quick report value (-3.3%) announced in July this year. An increase of 0.1 percentage points. (Ministry of Commerce website)
South Korea's exports fell 9.9 percent in August from a year earlier.Yonhap News Agency, Seoul, September 1, according to data released by the Ministry of South Korea Industry, Trade and Resources on the 1st, exports in August decreased by 9.9 percent year-on-year to 39.66 billion U.S. dollars, and the average daily export value decreased by 3.8 percent year-on-year. Affected by the outbreak, South Korea exports fell for six consecutive months. (Ministry of Commerce website)
Thailand's July car exports 49000 plunge 39.6 percent:According to Thai media reports, Surapong, vice chairman of the Federation of Thai Industry and spokesman for the automobile industry, said recently that the country's car production in July was 89336, down 47.71 percent from the same period last year, but up 24.59 percent from June. Among them, the output of automobiles for export decreased by 47.42 per cent, while the output of automobiles for domestic sales decreased by 47.98 per cent. In the first seven months of this year, the cumulative output of automobiles reached 695468, down 43.77 per cent from the same period last year. (Ministry of Commerce website)
Nigeria's GDP fell 6.1 percent in the second quarter.Nigeria's real GDP fell 6.1 per cent in the second quarter of this year compared with the same period last year, according to data released by the Nigerian National Bureau of Statistics. Data show that the country's crude oil production fell from 2.07 million barrels per day in the first quarter of this year to 1.81 million barrels per day in the second quarter, and the oil industry shrank by 10.82 month-on-month, accounting for 8.93 percent of GDP. At the same time, the country's non-oil sector also saw a decline of more than 7.6 percent. The International Monetary Fund had expected Nigeria's GDP to fall by 5.4 this year, but the government expects the country's GDP to fall by 8.9. (Economic Daily)
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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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