- WTO: In the second quarter, global exports of intermediate products increased by 47% year-on-year, with Africa’s exports increasing the most. The report shows that in the second quarter, China maintained a rapid growth of IG imports and exports, while Australia’s IG exports and India’s imports increased the most. From an industry perspective, global transportation equipment has the strongest growth.
- United States: In September, the trade deficit was US$80.9 billion, a record high. The estimated deficit was US$80.2 billion, and the previous value was a deficit of US$73.3 billion.
- Russia: This year’s foreign trade volume will hit a record high in seven years. In the first nine months of this year, foreign trade has reached 540 billion U.S. dollars, of which exports have reached 310 billion U.S. dollars. And it is estimated that by the end of this year, Russian exports may reach about 430 billion U.S. dollars.
- South Korea and Cambodia formally signed a free trade agreement FTA. The two sides agreed to abolish 95.6% of South Korea’s tariffs and Cambodia’s 93.8% tariffs in order to achieve a high degree of openness.
- Algeria stopped sending natural gas to Morocco.
- China and Pakistan started the issuance of certificates of origin. From November 10, 2021, the issuance of the certificate of origin under the China-Pakistan Agreement will be launched throughout the system.
- Nike: I hope to sell sneakers in the virtual world. Nike recently filed a trademark application, indicating that the company hopes to sell digital versions of sneakers, clothing and other goods with the company’s logo in virtual worlds such as video games or other online platforms. And hope to protect its slogans and other signs in the virtual world.
- SAIC: In October, the total vehicle sales were 582,100, compared to 596,700 in the same period last year; of which, 76,988 were new energy vehicles and 48,725 were in the same period last year. From January to October, the total vehicle sales amounted to 4.2211 million units, a decrease of 0.21% year-on-year; among them, the sales of new energy vehicles was 555,900, an increase of 187.57% year-on-year.
- BYD: Sales of new energy vehicles rose sharply year-on-year. New energy vehicle sales in October were 81,040, and the total number of new energy vehicles this year was 418,600, a cumulative year-on-year increase of 212.03%; in October, vehicle sales were 89,935, and the cumulative total this year was 542,700, a cumulative year-on-year increase of 71.35%.
- Tesla: In the financial leasing program launched on November 1, the 0 down payment option has been cancelled, and the minimum down payment has been adjusted to 10%. Company employees said that the 0 down payment has been cancelled and changed to 10% down payment. The reason is that the previous 0 down payment orders have increased and the delivery time has increased. In order to ensure the delivery time of users, the current offline 0 down payment has been changed to a minimum 10% down payment, but the car was previously booked Users who lock 0 down payment will not be affected.
- Lenovo Group: In the second quarter of fiscal year 2021/22, turnover was 115.6 billion yuan, a year-on-year increase of 23%; net profit was 3.3 billion yuan, a year-on-year increase of 65%, a record high.
- Xiaomi Group Lu Weibing: Mr. Lei proposed the goal of No. 1 in sales of Xiaomi mobile phones in three years. As Xiaomi’s base camp, the Chinese market is planned with the goal of No. 1 in three years; the offline market of Chinese mobile phones accounts for 70%, so there is no strong one. The offline layout is unable to reach the first place. Therefore, Xiaomi New Retail has set a total goal of opening 30,000 stores in the next 3 years based on 10,000 stores, and mainly focuses on the expansion of the sinking market (county and town).
- Amazon: The number of American brands has exceeded 100,000.
- Flipkart (Indian e-commerce platform) cooperates with short video platform Moj.
- Tire: Just after a round of price increases in October, the tire industry started a wave of intensive price increases at the beginning of November. As of November 3, 84 domestic tire companies have announced price increases, and some companies have even announced price increases until next year. Overall, this round of price increases ranges from 2% to 5%, with a maximum increase of 10%. . According to the industry, tire prices may rise by 8%-10% in the next two to three months.
- TrendForce: It is expected that the DRAM bit supply will grow by about 17.9% next year, and the bit demand will grow by about 16.3%. The DRAM industry may turn into an oversupply. However, SK Hynix, the world’s second largest DRAM manufacturer, is optimistic about the stable demand for memory chips. Anti-market bearishness. With both volume and price rising this year, the annual output value of DRAM is expected to exceed US$90 billion. In 2022, the average unit price of DRAM may decline by 15% to 20%, which will offset the growth in shipments. The output value is expected to be flat.
- Ministry of Agriculture and Rural Affairs: The recent increase in vegetable prices across the country is due to multiple factors. The total supply of vegetables in the country is sufficient. The average wholesale price of 28 kinds of vegetables with high market demand in October was 5.25 yuan per kilogram, an increase of 16.7% month-on-month and an increase of 11.7% year-on-year. The increase was greater than that of the same period in normal years. In particular, leafy vegetables such as spinach and cucumbers, and solanaceous vegetables rose more significantly, with monthly average prices rising by more than 50% year-on-year.
- Xinhuanet: The cold wave is approaching, and more than 200,000 cotton-padded quilts will be allocated to 13 provinces.
- Development and Reform Commission: On November 3, 112 million tons of coal was stored in power plants nationwide, and the available days reached 20 days, reaching a normal level throughout the year.
- Salt Company: In the context of “increasing material costs and squeezed profits”, listed salt companies have collectively raised prices. Following Xuetian Salt’s claim that the ex-factory price of small packets of table salt has increased recently, Yunnan Energy Investment also revealed that it has raised the prices of some salt products and industrial salt products, with a comprehensive average price adjustment ranging from 30% to 35%.
- Alibaba’s Fliggy: Disclosure of “Double 11” product reservation data. Up to now, bookings of ice and snow tourism products during Double 11, including ski tours, snow town tours, and snow world tours, have increased by 206% year-on-year. Among the most popular ice and snow tourist destinations during the “Double 11” period, the top five cities in order are Baishan, Zhangjiakou, Wuxi, Harbin, and Guangzhou.
- QuestMobile: The online penetration rate of business office and online job search and recruitment platforms has further increased. Office and business apps reached 619 million people in September 2021, an increase of 8.2% year-on-year, and the active penetration rate reached 53.0%, approaching the peak of the epidemic in March 2020.
- United Nations: The rate of global urban warming is twice the global average rate. If greenhouse gas emissions continue to maintain high levels, the temperature in many cities may rise by 4°C by the end of this century. Even with a global warming of 1.5°C, 2.3 billion people may be vulnerable to severe heat waves.
- Global Carbon Initiative: Global carbon emissions have rebounded to levels close to pre-epidemic levels. Coal and gas emissions in the power and industrial sectors have surged, while emissions in the transportation sector are still low. In 2020, carbon dioxide emissions fell to a record 1.9 billion tons, a decrease of 5.4%. Emissions this year are expected to rise by 4.9%.
- The number of ADP employment in the United States reached a record high in October. In October, the number of ADP employment increased by 571,000, exceeding the predicted value of 395,000, slightly higher than the revised 523,000 in September, a record high since June. Among them, employment in bars, restaurants and other leisure and hotel industries increased by 185,000.
- The Central Bank of Brazil announced another 150 basis points increase in interest rates, raising the country’s benchmark interest rate from the current 6.25% to 7.75%. This is the sixth consecutive interest rate hike by the Central Bank of Brazil this year.
Covid19 & Vaccine
- South Korea officially launched the “coexistence with COVID-19” model. At present, more than 80% of the people in South Korea have received at least one injection of the new crown vaccine, and more than 75% of the people have completed the vaccination.
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