September 2 trade risk tips
Release time:
2020-09-02 17:52
Source:
The Chinese side is conducting an anti-dumping investigation into the United States on imports of related monoalkyl ethers of ethylene glycol and propylene glycol.8On March 31, the Ministry of Commerce issued Announcement No. 36 of 2020, deciding to conduct an anti-dumping investigation on the monoalkyl ethers of ethylene glycol and propylene glycol originating in the United States with immediate effect. This survey should normally be completed before August 31, 2021, and can be extended to February 28, 2022 under special circumstances. (China News Network)
German consumer confidence remains low due to fears of epidemic measures.Reuters reported on August 28 that consumer confidence was once again cloudier in light of the unresolved outbreak in Germany. After three consecutive rounds of gains, the Nuremberg-based GfK market researcher predicted that the barometer would drop 1.6 points to minus 1.8 points in September. (Ministry of Commerce website)
Hungary will implement new rules on the entry of foreign citizens on September 1.As a result of the recent rapid rebound in the neo-crown epidemic, the Hungarian government has decided that from 1 September, foreign citizens will not be allowed to enter the country except those with Hungarian residence cards or special entry permits. (Ministry of Commerce website)
Iceland's tourism industry slashed jobs.According to the Icelandic Morning Post on September 1, the new crown pandemic has hit Iceland's tourism industry hard. In recent days, 285 employees of four tourism enterprises have been laid off. The head of the Icelandic Tourism Association blamed the new restrictions imposed at the border for crippling the industry. (Ministry of Commerce website)
India's urban unemployment rate rose to 9.83 per cent in August.According to data released by the Indian Economic Monitoring Center on September 1, the urban unemployment rate in India rose to 9.83 percent in August from 9.15 percent the previous month. The data also showed that India's total national unemployment rate was 8.35 per cent in August and 7.43 per cent in July. India's rural unemployment rate rose to 7.65 percent in August from 6.66 percent in July. India's economy fell sharply by 23.9 percent in the second quarter as a result of the outbreak, according to data released by India's Central Bureau of Statistics on August 31. (Xinhua)
Cambodia's rice exports are growing rapidly.Cambodia's Ministry of Information announced on September 1 that in the first eight months of this year, Cambodia exported 448000 tons of rice to foreign markets. The news quoted a report from the Cambodian Ministry of Agriculture, Forestry and Fisheries that the above data increased by 106000 tons over the same period last year, an increase of more than 31%. It is understood that Cambodia's rice has been exported to 59 countries around the world, including China, 24 EU countries, 6 ASEAN countries and 28 other countries, and 71 companies are engaged in rice export. Rice exports increased in all destinations compared to 2019. Among them, rice exports to the EU and China increased by more than 30%. (China News Agency)
Iraq's average daily oil exports fell in August.The Iraqi Ministry of Oil said on the 1st that the country's average daily oil export volume in August was 2.59 million barrels, down 170000 barrels from July. (Xinhua)
Australia's economic growth fell 7% in the second quarter, the biggest drop in history.Australia's seasonally adjusted gross domestic product (GDP) fell 6.3 per cent year-on-year in the second quarter and 7 per cent quarter-on-quarter, falling short of market expectations and the biggest drop in history. Seasonally adjusted final consumption expenditure fell 8.1 per cent quarter-on-quarter during the period, while total fixed capital expenditure fell 4.9 per cent. (Economic China Station)
Australia will force Google and Facebook to pay for news content "threatened" by giants ".8On January 31, Australian Treasury Minister Freidenberg issued a statement saying that the Australian Competition and Consumer Commission has formulated regulations to force digital platforms such as Google and Facebook to pay for the use of news content provided by Australian news media. In response, the two giants issued public statements opposing the move, saying that if the policy is implemented, Australians may no longer be able to forward news content through Facebook, Instagram and other platforms. (CCTV news client)
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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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