China Economy Biz Industry Trade 020421 -Abbizi Daily Trade News

COVID-19

France announced the implementation of the third nationwide blockade. A nationwide lockdown will be implemented for at least four weeks. These include school closures, shops closed, a curfew at 7 p.m. across the country, and no reason to leave home more than 10 kilometers. All schools in France will be converted to online from this week, and all non-essential shops will be closed from this Saturday.
South Africa: In 2020, 500,000 people will be unemployed due to the new crown pneumonia epidemic
Due to the home isolation policy, the number of pets in Japan has soared, exceeding the number of children.
Russia has registered the world’s first new coronavirus vaccine for animals, and mass production will begin in April. According to the Russian Animal and
Plant Health Supervision Agency, the vaccine began clinical trials of the vaccine in October last year. The test subjects include dogs, cats, Arctic foxes, minks, foxes, and other animals. The results of the study found that 100% of all animals vaccinated with the vaccine produced antibodies to the new coronavirus.

In March, China’s manufacturing PMI rebounded to 50.6% (PMI=Purchasing Manager’s Index).
PMI=order×30%+production×25%+employee×20%+delivery×15%+inventory×10% (international general algorithm), PMI=order×20%+production×20%+employee×20%+delivery ×20%+Inventory ×20% (US algorithm). Purchasing managers’ index is expressed as a percentage, and 50% is often used as the dividing point of economic strength: that is, when the index is higher than 50%, it is interpreted as a signal of economic expansion. When the index is below 50%, especially when it is very close to 40%, there are concerns about economic depression.
In 2020, foreign investment in China will increase by 81% year-on-year, with various investments of US$520.6 billion.
The IMF once again raised its global economic growth forecast, but the outlook for the funding situation is still uncertain.
The UK’s full-year GDP in 2020 will decline by 9.8%.
The Nigeria Free Trade Zone vigorously attracts foreign investment.
WTO: Global trade is expected to continue to recover

Intel built a new factory and set foot in the foundry business.
New languages on Flipkart grab the Indian market. Walmart’s Flipkart supports buyers in Bengali and Odiya for shopping. The company stated that in order to reduce language barriers in the shopping process, it needs to translate 5.4 million words to translate Bengali and Odiya. Introduce Flipkart’s application.
TSMC began to adjust prices in April, with an increase of 25%, and an increase of about US$400 (about NT$11,400) per piece.
TSMC plans to invest 100 billion U.S. dollars to increase production capacity in the next 3 years
Microsoft has won a contract with the US military for more than 120,000 customized Augmented Reality (AR) headset HoloLens. The contract value in the next ten years may be as high as 21.88 billion U.S. dollars.

For the first time, the China-Europe Express train reaches Denmark directly.
European shipyard will build Japan’s largest luxury cruise ship (currently the largest is Japan’s largest international luxury cruise ship “Asuka 2” (50142 tons) operated by NYK Cruises)
EVER GIVEN, the protagonist of the Suez Canal incident, is declared as general average. Guarantees and documents are required before delivery.

March sales data of various new energy car companies have been released one after another. Xiaopeng Motors delivered 5,102 vehicles in March, a year-on-year increase of 384%, and a month-on-month increase of 130%; in the first quarter, it delivered 13,340 vehicles, a year-on-year increase of 487%. NIO delivered 20,060 vehicles in the first quarter, a year-on-year increase of 423%; cumulative delivery of ES8, ES6 and EC6 reached 95,701 units.