- Indonesia: Despite EU protests, Indonesia will still stop nickel exports. Indonesia seeks to produce all electric vehicle parts domestically.
- Australia: The trade surplus in the first three quarters increased significantly year-on-year. Australia’s import and export merchandise trade value rose to 447.129 billion US dollars in the first three quarters, a year-on-year increase of 35%. Among them, the value of foreign export commodities increased by 42.5%. And the country’s trade surplus expanded to 68.187 billion U.S. dollars, a year-on-year growth rate of 124.6%.
- Ghana canceled the 50% benchmark price policy for imported products. The Ghana Revenue Service recently announced the cancellation of the 50% benchmark price policy for 32 categories of imported products, which means that these imported products will no longer enjoy price discounts when customs declarations and tariffs are imposed. Including goods that can be produced locally in Ghana, such as vehicles, tiles, aluminum products, cement and palm oil.
- Alibaba: In the second quarter of fiscal year 2022, revenue was 200.69 billion yuan, a year-on-year increase of 29%. Among them, the total revenue of cross-border and global retail and wholesale businesses increased by 34% year-on-year to 15.092 billion yuan; cloud computing revenue increased by 33% year-on-year to 20.07 billion yuan. Alibaba Ecosystem’s global annual active consumers reached approximately 1.24 billion, with a net increase of 62 million in a single quarter.
- Jingdong: In the third quarter, revenue was 218.7 billion yuan, an increase of 25.5% year-on-year. Among them, JD’s retail revenue was 198.08 billion yuan, logistics revenue was 25.749 billion yuan, and new business revenue was 5.733 billion yuan. As of September 30, the number of annual active buyers was 552 million, a net increase of 110 million over the same period last year.
- Post Office: During the “Double 11” period this year, postal and express companies across the country collected 6.8 billion express parcels, an increase of 18.2% year-on-year; a total of 6.3 billion express parcels were delivered, an increase of 16.2% year-on-year.
- As the European energy crisis escalated, Belarus closed its oil pipeline. A few days ago, Belarus announced the temporary closure of a section of the oil pipeline to Europe due to “unplanned maintenance work”. As the spot price of natural gas in Europe hit a record high, the energy demand gap is huge, and the pipeline accounts for about 20% of the total volume of oil to Europe each year, which exacerbates the energy crisis in Europe.
- The Philippines’ economy grew by 7.1% in the third quarter.