Zhimeitong | International Highlights

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Federal securities regulators are investigating how Amazon Inc disclosed certain details of its business practices, including how it was used in its private-label business, people familiar with the matter said. third-party seller data. The U.S. Securities and Exchange Commission’s enforcement division has asked Amazon to provide emails and communications records of several senior executives, according to people familiar with the matter. An Amazon spokesman declined to comment.

[Staff strikes at 8 Amazon logistics centers in France] According to foreign media reports, Amazon's 8 logistics centers in France have experienced large-scale employee strikes related to salary disputes. However, an FBA spokesman said: "The strike action is limited and has no impact on the day-to-day operations of the site." A representative of the FBA French Democratic Trade Union (CFDT) union noted that 1,200 employees have taken part in the strike. The main reason for the strike was a dispute over the overall annual pay rise. Amazon proposed a 3% increase, while the union said the minimum increase would be 5%. He said groups representing multiple unions had agreed not to negotiate offers below 5 per cent.

[U.S. exports of goods to China set a record in 2021, an increase of 21% over 2020] According to reports, in 2021, U.S. exports of goods to China will reach $149.2 billion, a record high, an increase of 21% over 2020. According to the report, all 50 U.S. states exported to China last year, with major export commodities including oilseeds, grains, pork and other agricultural products, as well as oil and gas, semiconductors, and pharmaceutical products. China continues to maintain its position as the third largest export market of goods to the United States.

[Markets predict the Fed's monetary tightening will be the largest in nearly three decades] With rising commodity prices triggering a surge in inflation, money market traders are betting that the Federal Reserve will implement the most aggressive monetary tightening policy in nearly three decades. The Fed is expected to raise rates by 225 basis points by the end of this year, in addition to the 25 basis points already raised in March. Not since 1994 has the Fed tightened by as much in a year: raising rates by 250 basis points in a single year. The last time there was a more aggressive rate hike was in the early 1980s when Paul Volcker was at the helm of the Fed.U.S. Treasuries are down 6.7% so far this year, on track for the biggest drop since such data began in 1973

[US safety regulators launch an investigation into electric and hybrid vehicle batteries] According to reports, the US National Highway Traffic Safety Administration announced that it has launched an investigation into electric and hybrid vehicle batteries. The reason is that since 2020, American car companies such as General Motors, Mercedes-Benz, Hyundai, and Volkswagen have frequently recalled vehicles due to car battery problems. The National Highway Traffic Safety Administration said that the total number of vehicles involved exceeds 138,000, and all of them used batteries produced by South Korea's LG.

[U.S. FDA warning: Canadian oysters infected with norovirus have entered 13 U.S. states] The U.S. Food and Drug Administration (FDA) issued a warning that oysters from Canada have been infected with norovirus, and 13 U.S. states have received these oysters. The FDA said the oysters were grown in central and southern Baines Bay, Canada and British Columbia. States receiving Canadian oysters include California, Colorado, Florida, Hawaii, Illinois, Massachusetts, Minnesota, New Jersey, New York, Nevada, Oregon, Texas and Washington. Other states may also receive oysters for further distribution.

[SEC dismisses Amazon request: vote on tax transparency issue must be voted] The U.S. Securities and Exchange Commission (SEC) reportedly dismissed a request from Amazon, a move for investors who want Amazon to disclose more tax information victory. In December, a Catholic investment fund and Greater Manchester pension fund tabled a resolution urging Amazon to implement the new GRI (Global Reporting Initiative) tax standard to publicly report financial, tax and employee information by country.

In January, Amazon petitioned the SEC to exclude voting on the resolution from its May shareholder meeting. Amazon has argued that tax matters are an ordinary business matter and should be exempt from shareholder resolutions. In response to Amazon's request, the SEC said: "We cannot agree with you that the company can rule out this proposal. We believe that this proposal is not a matter of ordinary business."

[Amazon named 2022 America's Best Places to Work for Two Years in a Row] According to reports, Amazon has once again been named the "2022 America's Best Places to Work" by LinkedIn, topping the list for the second year in a row. Based on data from LinkedIn's 810 million members, the ranking lists the most popular workplaces in the United States and is designed to help professionals identify the best companies for their careers. Selection criteria include employee advancement opportunities, opportunities to acquire new skills, and gender diversity.

[Uber pushes forward 'super app plan': it will push train and air ticket booking services in the UK] According to reports, Uber's plan to create a 'super app' is advancing. The company announced today that it will add train, bus and plane bookings, as well as car rentals, to its UK app this year. The move is part of a pilot service that could expand to other countries at a later date if it goes well.

[Boeing and Google Cloud reach partnership agreement] Boeing and Google Cloud announced a partnership to support cloud transformation by migrating hundreds of applications across multiple business groups and aerospace products to Google Cloud.

[Google removes dozens of apps] Google has removed dozens of apps from the Google Play Store because they contained features that secretly collect data. According to two researchers, they discovered the issue during a vulnerability review of Android apps and reported it to Google and federal privacy regulators.

[Twitter says Musk has no privileges and may still be silenced] Musk revealed that he holds 9.1% of Twitter's shares and has become Twitter's single largest shareholder. Affected by the news, Twitter's shares rose 27.1% on the day, while Tesla's shares rose 5.6%. But Twitter said Musk had no privileges and could still mute his account.

[Canada proposes legislation to force Facebook and Google to pay for news] Canada has reportedly released details of a proposed legislation that would force Facebook and Google to negotiate business deals with news publishers and pay for content cost. This is similar to the groundbreaking law Australia introduced last year.

[The International Energy Agency (IEA) confirms the scale of the release of reserves, and the global release of reserves reaches 240 million barrels] The director of the International Energy Agency said that the member countries of the International Energy Agency will coordinate the release of 120 million barrels of oil, half of which (60 million barrels) will come from the United States, The other half are from other member states. The 60 million barrels are included in the 180 million barrels previously announced by the United States, that is, the scale of oil released by the United States alone is 120 million barrels, and the total global oil release will reach 240 million barrels. Russia's oil production is expected to fall by a quarter this month, leaving global energy supplies short of a massive 3 million barrels a day.

[German industrial new orders in February 2022 decreased by 2.2% month-on-month] According to data, after seasonal and working day adjustments, German industrial new orders in February 2022 decreased by 2.2% month-on-month. The report showed that the decline in orders was mainly due to a decrease in foreign orders. In February, German domestic new orders fell slightly by 0.2% month-on-month, and foreign new orders fell by 3.3% month-on-month; new orders from the euro area fell by 3.3% month-on-month, and new orders from outside the euro area fell by 3.4% month-on-month.

[Italy lowered its GDP growth forecast due to the conflict between Russia and Ukraine] On April 6, local time, the Italian cabinet adopted the draft of the national "Economic Planning Document", downgrading the 2022 GDP growth forecast from the previous 4.7% to 3.1%, and clarified that 2022 The fiscal deficit is 5.6% of GDP. Italian Prime Minister Mario Draghi told a news conference that it was clear that the Russian-Ukrainian conflict had worsened the outlook for economic growth. Energy and other commodity prices, as well as declining consumer confidence, have negatively impacted the economy. The Italian government has allocated 15.5 billion euros to fight inflation and will study the scope and means of government intervention in the coming weeks.

[The Spanish government will approve the lifting of the mandatory indoor wearing of masks on the 19th] The Spanish Minister of Health informed that the Spanish government plans to approve the lifting of the mandatory indoor wearing of masks on April 19. It is reported that the measure is expected to come into effect on April 20-21. In a draft decree, the Spanish government stipulates that residents are still required to wear masks in places such as public transportation, health centers and hospitals, but there will be no mandatory wearing of masks in places such as schools and shops.

[France cancels the license for the use of two frequency bands of the Starlink project] The French Supreme Administrative Court has decided to cancel the previous decision to grant the license to use the two frequency bands of the Starlink project of the US space exploration technology company. At present, the "Star Chain" plan has not responded to this. According to the "Starlink" plan, SpaceX plans to build a "Starlink" network consisting of tens of thousands of satellites in space to provide high-speed Internet access services from space to the earth.

[Eurasian Economic Union countries will implement export quotas for cereals, sunflower oil and sugar] According to reports, the Eurasian Economic Union member countries (Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan) are planning to implement export quotas for cereals, sunflower oil and sugar. Uniform export quotas for sugar are implemented to stabilize prices and ensure food security.

According to EU documents, major online platforms will be required to pay compliance fees of up to 0.1% of their annual net income under proposed new EU regulations. It is understood that EU countries and lawmakers are expected to agree on the rules of the Digital Services Act (DSA) later this month. This will be the first time the European Commission has levied the relevant fees.

[EU initiates the third anti-dumping sunset review investigation into China's plywood] The European Commission issued an announcement that in response to the application submitted by the European Panel Federation on behalf of EU plywood manufacturers on December 16, 2021, the European Panel Federation (Okoumé Plywood) originated in China. ) to conduct the third anti-dumping sunset review investigation. The EU CN (Combined Nomenclature) code of the product involved is ex 4412 31 10 (TARIC code is 4412 31 10 10). The dumping investigation period in this case is from January 1, 2021 to December 31, 2021, and the damage investigation period is from January 1, 2018 to the end of the dumping investigation period.

[EU initiates the first anti-dumping sunset review investigation on Chinese iron, non-alloy or other alloy steel hot-rolled coils] The European Commission issued an announcement that the European Steel Association should represent the EU iron, non-alloy or other alloys An application submitted by a steel hot-rolled coil manufacturer on January 4, 2022, for iron, non-alloy or other alloy steel hot-rolled coil originating in China (Certain Hot-rolled Flat Products of Iron, Non-alloyor Other Alloy Steel) to conduct the first anti-dumping sunset review investigation. The EU CN (Combined Nomenclature) codes of the products involved are 7208 10 00, 7208 25 00, 7208 26 00, 7208 27 00, 7208 36 00, 7208 37 00, 7208 38 00, 7208 39 00, 7208 40 00, 7208 52 10, 7208 52 99, 7208 53 10, 7208 53 90, 7208 54 00, 7211 13 00, 7211 14 00, 7211 19 00, ex 7225 19 10 (TARIC code is 7225 19 10 90), 7225 30 090, ex 72 (TARIC encoded as 7225 40 60 90), 7225 40 90, ex 7226 19 10 (TARIC encoded as 7226 19 10 91, 7226 19 10 95), 7226 91 91 and 7226 91 99. The dumping investigation period in this case is from January 1, 2021 to December 31, 2021, and the damage investigation period is from January 1, 2018 to the end of the dumping investigation period.

[European gas prices slide as temperatures rise and liquefied natural gas (LNG) arrives] Lower European gas prices, weather forecasts and current stable supplies ease some concerns, but uncertainty remains about Russia's future exports. European benchmark natural gas futures fell as much as 5.1% on expectations of mild temperatures in the second half of the month and the arrival of an LNG cargo. Wind energy production is also high in parts of Europe.

[The number of Chinese patent applications received by the European Patent Office in 2021 reaches a new high] According to data, the European Patent Office will receive 16,665 patent applications from China in 2021, once again setting a new high in the number of Chinese patent applications in the European Patent Office, a year-on-year increase of 24% %, the highest increase among the 30 major patent filing countries. Data show that the European Patent Office will receive a total of 188,600 patent applications in 2021, a year-on-year increase of 4.5%. The top five patent application countries are the United States, Germany, Japan, China and France. The increase in the number of patent filings at the EPO in 2021 is mainly driven by the number of patent filings from China and the United States.

[Volkswagen plans to cut 60% of internal combustion engine models in Europe by 2030] Volkswagen will abandon dozens of internal combustion engine models by 2030 and reduce overall car sales to focus on more profitable vehicles, CFO said. Quality car. He said Volkswagen would reduce its lineup of gasoline and diesel vehicles in Europe, including at least 100 models from several brands, by 60 percent over the next eight years. Feng Sihan, CEO of Volkswagen Group (China), also previously stated that about 12 new models will be launched in 2022, half of which will be pure electric models.

[India investigates hundreds of online lenders, asking Google to provide a list of such app hosting] According to reports, Indian law enforcement agencies have asked Google to provide a list of loan apps hosted on Google Play. It is understood that the Indian Enforcement Agency is investigating 38 non-banking financial companies and more than 300 financial technology companies for providing instant, small financing through mobile applications and charging high interest to defaulters.

[South Korean shipping companies received half of the orders in the first quarter, ranking first in the world] According to data, the global new ship orders in March this year were 3.23 million revised gross tons (CGT), of which South Korea undertook 1.64 million CGT, accounting for 51% of the total. %. Korean companies also ranked first in the world in terms of cumulative orders received in the first quarter. On a single-quarter basis, South Korea received 50% (4.57 million revised gross tons, 97) of global newbuilding orders (9.2 million revised gross tonnage, 259) in the first quarter of this year, which is the highest since 2015. South Korea's first-quarter orders surpassed China's for the first time.

Zhimeitong | Logistics Highlights

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[China United Shipping Upgrades South China Trans-Pacific Route, Yantian to Los Angeles in 16 Days] China United Shipping recently announced that from April, TP service 2.0 version will be launched, and the South China Trans-Pacific Route (TPC) will be upgraded to form fixed berths in the United States, There are regular weekly flights directly from Yantian. According to reports, the upgraded TPC route will take about 16 days from Yantian to Los Angeles, and it is expected to arrive in Hong Kong within 3-10 days to deliver the luggage.

[The new deep-water port area of ​​Kuantan Port sets a new monthly throughput record] With the discharge of the last bucket of coal from the "CHS CREATION", the new deep-water port area of ​​Kuantan Port in Malaysia completed a cargo throughput of 952,000 tons in the month, a year-on-year increase of 146% , refreshed the single-month throughput record since it was put into production. With advanced planning, strong execution, multi-party cooperation, and effective methods, the quality and efficiency of ship loading and unloading in the new deep-water port area of ​​Kuantan Port have been highly recognized by customers, laying a solid foundation for the continuous growth of throughput this year.

[Istanbul Strait temporarily interrupted maritime traffic due to heavy fog] The Turkish Coast Guard announced that due to heavy fog, two-way ship traffic in the Istanbul Strait was temporarily closed. In addition, according to a statement issued by Istanbul City Ferry Co., Ltd., on April 6, local time, ferry services across the strait and to islands in the Sea of ​​Marmara may be delayed or cancelled due to heavy fog.

[Baltic sea freight index fell to more than one-month low] The Baltic dry bulk index fell 85 points or 3.8% on Wednesday to a more than one-month low of 2,128 points, as all types of shipping index fell. The capesize index fell 134 points, or 8.3%, to 1,490. Average daily profit for capesize vessels fell by $1,114 to $12,355. The panamax index fell 83 points, or 2.8%, to 2,868. Average daily earnings for panamax vessels fell $753 to $25,809. The Supramax index fell 55 points to 2,605.

Zhimeitong | Domestic Highlights

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[BYD: More competitive blade batteries will be built in the future] BYD said that the scale effect and yield improvement of blade batteries can bring about cost optimization. After the company's blade battery was released, it led the market and brought the lithium iron phosphate route back to the main track. It has high competitiveness in terms of chemical composition, structure and production process, helping the company's model competitiveness to be significantly improved. The company will also focus on the cost of blade batteries as one of the research and development priorities, and will build more competitive blade batteries in the future to better promote the growth of new energy vehicles.

[General Motors China: Retail sales in the first quarter exceeded 610,000] General Motors China announced sales data for the first quarter. In the first quarter of 2022, GM's retail sales in the Chinese market exceeded 610,000 units, the Cadillac brand sold over 47,000 units in the first quarter, and its best-selling model CT5 sold over 14,000 units. The Buick brand sold over 163,000 vehicles, and the GL8 family sold about 33,000 vehicles. The sales volume of the Chevrolet brand exceeded 52,000 units, and the sales volume of the Chevrolet Changxun pure electric intercity coupe more than tripled year-on-year. The Wuling brand sold over 330,000 vehicles, and the Baojun brand sold about 20,000 vehicles. Wuling Hongguang MINIEV sold over 90,000 units.

Zhimeitong | E-commerce highlights

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[Amazon US and Canada will levy this fee from April 15] Amazon US and Canada issued an announcement saying that from April 15, the Amazon Marketplace Tax (MTC) rules will include regulatory fees subject to MTC, For example, the California e-waste recycling fee will be calculated, collected, paid and refunded by Amazon (Amazon will be the nominal taxpayer) based on quotations from third-party sellers. Amazon can charge buyers regulatory fees without any action, and here is the announcement:

Beginning April 15, 2022, the Amazon Marketplace Taxation (MTC) rules will include regulatory fees subject to the MTC (such as e-waste recycling fees), which are supported by Amazon's computing systems. The California e-waste recycling fee will be calculated, collected, paid, and refunded by Amazon (who will be the nominal taxpayer) based on the third-party seller's offer. Other fees will follow as MTC rules are finalized and fees supported by our services.

[Shopee adjusts the limit on the number of products listed by different seller types] Shopee issued a notice saying that it will adjust the number of products listed by different seller types on the Brazilian site and the Indonesian site store on April 7 and April 11, 2022 respectively. restrictive conditions. It is understood that from April 7, the maximum number of products on the shelves of new stores on the Brazilian site is 500; from April 11, the maximum number of products on the shelves of new stores on the Indonesian site is 1,000. In addition, Shopee also announced the conditions for the limit of the number of products listed by different seller types in Malaysia, the Philippines, Singapore, Thailand, Vietnam, and the Shopee store in Taiwan.

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