China Biz Trade Industry Import Export 151021

Trade

CCTV.com: The Entertainer, one of the UK’s largest toy retailers, warned that serious congestion and freight delays in major ports in the UK will lead to a shortage of toys for traditional Western festivals this year. More and more containers are being backlogged at various port terminals including the Port of Felixstowe, the largest port in the UK. The crisis has triggered widespread concerns among retailers about future inventories.

Blue Origin: The second space travel launch mission was carried out, carrying 4 passengers to the edge of space more than 100 kilometers high. The entire experience process lasted about 15 minutes. This time the passengers included actor William Shatner, who had appeared in “Star Trek” Captain Kirk. The 90-year-old Shatner broke the 82-year-old Wally Fink as the oldest space tourist. A record set in a blue origin space flight.
Huawei executive director Ding Yun: 5G has become a new engine for the growth of the wireless industry. As long as the penetration rate of 5G users exceeds the critical point of 20%, 5G will enter a stage of rapid growth. At present, the penetration rate of 5G users in China, South Korea, Kuwait and other countries has surpassed the critical point of 20%, and operators have entered a new spiral development pattern of user growth, business returns, and network construction.
TSMC: In the third quarter, net profit was 156.3 billion Taiwan dollars, which is expected to be 149.473 billion, an increase of 13.8%; gross profit margin is 51.3%, and is expected to be 50.6%. Shipments of 5-nanometer process accounted for 18% of wafer sales in the third quarter of 2021; shipments of 7-nanometer process accounted for 34% of wafer sales for the whole quarter.
Alitalia will officially close.

Bureau of Statistics: In September, the CPI went up and down the same month-on-month, up 0.7% year-on-year, and the growth rate dropped by 0.1 percentage point from the previous month. Among them, food prices fell by 5.2%, an increase of 1.1 percentage points from the previous month, affecting the CPI drop by about 0.98 percentage points. PPI rose 1.2% month-on-month and 10.7% year-on-year, which was an increase of 1.2 percentage points from the previous month.
IDC: In the first half of the year, China’s smart home equipment market shipments were about 100 million units, a year-on-year increase of 13.7%; 2021 annual shipments are expected to be 230 million units, a year-on-year increase of 14.6%. It is expected that shipments in the next five years will continue to grow at a compound growth rate of 21.4%. In 2025, market shipments will approach 540 million units. Whole-house smart solutions will become one of the important driving forces for market growth.
Securities Daily: Affected by factors such as rising raw material prices and superimposed power and production restrictions, many tire manufacturers in China have recently intensively issued price increase letters. Including foreign tire companies, nearly 70 tire companies have announced that they will implement a new price policy in October, and several tire companies will continue to increase their prices until November and December, with an increase of 2%-5%.

United States: September CPI increased by 5.4% year-on-year, exceeding market expectations, and the year-on-year growth rate exceeded 5% for the fifth consecutive month.