Zhimeitong | International Highlights

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[DOJ approves antitrust bill targeting Amazon, Google and Apple] The DOJ has approved legislation that would prohibit big digital platforms like Amazon and Google from prioritizing their own products and services over those of competitors status, marking the first time the Biden administration has fully backed the antitrust measure.

[The tide of 4.35 million people leaving the United States in February continues] The Bureau of Labor Statistics reported that a total of 4.35 million people left the United States in February, an increase of 94,000 from January. The US media pointed out that the wave of resignations that began in the second half of 2021 continues. The report showed that there were about 11.27 million job vacancies in the United States in February, a slight decrease from January. Among them, education and health services had the most vacancies at 2.23 million; followed by professional and business services, at 2.1 million. At the same time, the number of unemployed people in the United States in February was about 6.27 million. A total of 1.4 million U.S. workers were laid off in February, the same number as in January. Economists said that the current rate of layoffs in the United States is extremely low, and the labor side has a strong position in the labor market.

According to the survey, the proportion of Americans who regard inflation as the number one problem in the United States has reached the highest level in nearly 40 years. About 17% of Americans surveyed from March 1 to 18 local time believed that inflation was the number one problem in the United States. That's up from 10 percent in February, with 4 percent of respondents specifically pointing to fuel prices. U.S. consumer prices are rising at their fastest pace in 40 years, outpacing wage increases.

[U.S. Senate approves $52 billion chip subsidy bill] According to reports, the U.S. Senate on Monday again approved a bill to provide $52 billion in subsidies to U.S. semiconductor chipmakers, hoping to reach a compromise after months of discussions. The vote returned the legislation to the House of Representatives by a vote of 68 to 28. It's a cumbersome process that will eventually kick off a process called a "conference" for lawmakers in both chambers to agree on a compromise version.

[Avian flu outbreaks reported in many places in the United States] The latest data released by the United States Department of Agriculture shows that since February this year, nearly 80 commercial farms and other places in the United States have accumulated outbreaks of highly pathogenic avian influenza; Nearly 500 cases of avian influenza infection in wild birds were monitored. US media said that this is the most serious outbreak of highly pathogenic avian influenza in the United States since 2015.

[NASA: The United States plans to send humans to Mars in 2040] According to the Russian Satellite News Agency, Bill Nelson, director of the National Aeronautics and Space Administration (NASA), said that the United States plans to send humans to Mars in 2040. Nelson pointed out in his annual speech on the 2023 budget draft proposed by US President Biden: "Our plan is that people can walk on Mars in 2040. " Nelson emphasized in his speech that US President Biden asked for NASA in 2023. Provides a $26 billion funding budget, including spending to prepare for future human missions to Mars.

[Robinhood extends stock trading hours by 4 hours to cater to "office workers"] According to reports, as some customers return to the office after the epidemic, online stock trading platform Robinhood (Robinhood) announced today that it will increase the daily trading hours by 4 hours. Hours. With the four-hour extension, daily trading hours will begin at 7 a.m. ET and end at 8 p.m. ET, Robinhood said. Previously, Robinhood started trading every day 30 minutes before the market opened (ie 9:00 a.m.) until 2 hours after the market closed (ie, 6:00 p.m.).

[Lululemon's fourth-quarter net revenue increased by 23% year-on-year] Canadian apparel brand Lululemon announced its 2021 fourth-quarter and full-year results. According to the financial report, the company’s fourth-quarter net revenue was $2.129 billion, a year-on-year increase of 23%, compared with market expectations of $2.13 billion; net profit was $435 million, a year-on-year increase of 32%; adjusted earnings per share were $3.36, exceeding the market It was expected to be $2.52 a year earlier. In the fourth quarter, the company opened 22 new company-operated stores, bringing the total to 574 stores by the end of the fourth quarter.

[Google was fined 2 million euros by the Paris Commercial Court, France] The Paris Commercial Court will impose a civil fine of 2 million euros on Google for commercial bullying of French mobile app developers. The case began in 2018, when the French Competition, Commercial and Commercial Fraud Authority accused Google of forcing French mobile app developers to accept its offers, forcing access to app data and unilaterally modifying contracts. The US company Apple has also been charged with similar charges, and the related case is still pending.

[CNN+ will be available on Amazon Android and Apple devices] CNN's new streaming service CNN+ will be available on Amazon, Android, and Apple devices. Many media outlets are competing for online audiences, and CNN is no exception. CNN parent WarnerMedia has been soliciting partners ahead of the launch of the new service, but Roku is not on the list. Roku is a major TV streaming device provider in the United States. CNN+, which costs $6 a month, or $60 a year, offers live and on-demand content, with CNN reporters and experts answering questions from the audience as they go live.

Apple is reportedly scaling back production of its lower-priced version of the iPhone SE3 in China, less than three weeks after the product was launched. The stock price of Apple Industry Chain Company fell in response. As of the close, the stock price of Goertek fell 7.76%, the stock price of Luxshare Precision dropped 6.11%, and Lens Technology fell 2.57%. Analysts believe that the impact of global inflation on demand for electronic products is gradually emerging, and iPhone SE sales in China may also be limited.

[Binance U.S. plans IPO within three years, fourth-quarter profit exceeds Uber] Binance U.S. is on track for an IPO within two to three years, and will announce a "hundreds of millions of dollars" in April, the new CEO of Binance U.S. says financing. As part of Binance Global’s strategy, Binance US plays an important role. The CEO also revealed that Binance US has surpassed Uber in profits since the fourth quarter of 2021. According to the financial report information, in the fourth quarter of fiscal 2021, the net profit belonging to Uber was $892 million.

[Trendopment Consulting: It is estimated that the penetration rate of ARM-based servers will reach 22% by 2025, and cloud data centers will be the first to adopt it] According to the research of TrendForce, in recent years, enterprises' demand for digital transformation such as artificial intelligence and high-performance computing has accelerated, driving cloud adoption. In order to improve service flexibility, the world's major cloud service providers have gradually introduced ARM-based servers. It is expected that the penetration rate of ARM-based servers in data center servers will reach 22% by 2025.

[Charlie Munger to step down as chairman of Daily Journal] The daily journal company Daily Journal pointed out in a filing with the Securities and Exchange Commission that Warren Buffett's golden partner Charlie Munger has worked at the Daily Journal for 45 years. , will step down as chairman. The newspaper publisher and software provider also said Munger offered to donate $1 million in stock to the company. The 98-year-old will remain on the Daily Journal's board.

[U.S. President Biden approves a major disaster declaration for Washington state] The White House said on March 29, local time, that U.S. President Biden approved a major disaster declaration for Washington state on the same day. Biden ordered the federal government to provide aid to areas affected by winter storms, floods and mudslides, and issued federal funds to assist recovery efforts in Washington state. According to the White House statement, between January 1 and January 15 this year, Washington state suffered from winter storms, floods and mudslides and other disasters, causing damage to facilities in some areas. The U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) has appointed a federal coordinator to participate in disaster recovery efforts in affected areas.

[More than 50 vehicles collide in a series of at least 3 people in Pennsylvania, USA] According to reports, on the morning of March 28, local time, a large-scale serial rear-end collision occurred on an interstate highway in Pennsylvania, USA. At least 50 vehicles collided in a series, 3 people were killed, 20 people were injured, and some vehicles were even set on fire. The cause of the accident was a local snow squall, a sudden moderate-intensity snowfall. The number of casualties is likely to rise as the search and rescue efforts begin.

[New York City will demolish about 150 homeless camps] New York City officials plan to demolish about 150 homeless camps in a process expected to last two weeks. The New York City government will provide them with some social services and shelter, officials said. About 45,176 people currently live in government-provided shelters – both adults and children – in urban shelters, the figures show.

[Transportation activities in most parts of Spain have returned to normal] The Spanish transportation strike has continued for 15 days. Currently, transport activities in the vast majority of the country have begun to resume. Earlier, after the Spanish government signed an agreement with most of the country's transportation industry associations on aid measures for fuel price increases, road transportation in most parts of Spain has resumed on the 28th local time, and most fishing and port transportation services have also returned to normal. The Spanish freight federation said it expected the shortage of goods on the market in the country to improve in the next few days.

[High energy prices in Germany, natural gas prices soared by 256% year-on-year] High energy prices have made Germany's import costs more and more expensive. According to data from the German Federal Statistical Office on the 29th local time, compared with the same period last year, the price of imported goods in Germany rose by 26.3% in February. Although it was not as good as 26.9% in the previous month, it still exceeded the first oil price in October 1974. Crisis increase. And if energy products are excluded, import prices in February were only 14.7% higher than a year earlier. Specifically, the 256.5% year-on-year increase in natural gas prices was the main reason for the high price of imported energy in February.

[Germany’s March Consumer Confidence Index Declined Due to the Russian-Ukrainian Conflict and High Inflation] A survey by the German market research machine showed that due to the Russian-Ukrainian conflict and high inflation, the German consumer confidence index in March was negative 8.5 points, down 1.8 points from the previous month .

[France's fiscal deficit in 2021 exceeds 160 billion euros] According to the French Economic Research Institute, France's fiscal deficit in 2021 will be 160.9 billion euros, and the fiscal deficit will account for 6.5% of GDP; public debt will account for the proportion of GDP. up to 112.9%. Data show that France's fiscal revenue in 2021 will increase by 101.8 billion euros, or 8.4%, over the previous year; fiscal expenditure will increase by 57.1 billion euros, or 4.0%, over the previous year. State and social security administration deficits have decreased, but have not returned to pre-pandemic levels.

【Italian Government Signs Agreement to Support the Economic Development of Naples】 The Italian Prime Minister and the Mayor of Naples signed the "Naples Agreement". This is an agreement signed by the Italian government to help the city government of Naples, which is experiencing serious economic and financial difficulties. The agreement stipulates that the Italian government will provide the city with about 1.3 billion euros of financial support over 20 years. According to the Italian Prime Minister, the purpose of the agreement is to bridge the huge regional economic gap in Italy, which needs Naples and the entire southern region to become the driving force of the country.

[Australia launched the first anti-dumping sunset review investigation on steel bars in Taiwan, China] The Australian Anti-dumping Commission issued Announcement No./029, stating that in response to the application submitted by Australian company InfraBuild (Newcastle) Pty Ltd on March 7, 2022, the Steel Reinforcing Bar imported from Greece, Indonesia, Spain, Thailand and Taiwan, China initiated the first anti-dumping sunset review investigation. The dumping investigation period in this case is from January 1, 2021 to December 31, 2021. The products involved in the Australian customs codes for 7213.10.00.42,7214.20.00.47,7227.90.10.69,7227.90.90.01,7227.90.90.02,7227.90.90.04,7227.90.90.42,7228.30.10.70,7228.30.90.40,7228.60.10.72. The Australian Anti-dumping Commission is expected to submit the final anti-dumping sunset review recommendation to the Minister of Industry, Energy and Emission Reduction of Australia no later than August 30, 2022.

[Japan will ban the export of luxury goods such as jewelry to Russia from April 5] The Japanese government decided at a cabinet meeting that as part of strengthening sanctions against Russia, it will ban the export of luxury cars, jewelry and other luxury goods to Russia. It will be implemented from the 5th of the month. In addition, Japanese Minister of Economy, Trade and Industry Koichi Hagida said at a press conference after the meeting that severe measures will be taken against Russia.

Zhimeitong | Logistics Highlights

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[Baltic dry bulk index fell for the fourth consecutive day] The Baltic dry bulk index fell for the fourth consecutive day on Tuesday, as rates for all types of ships fell. The Baltic index for overall dry bulk fell 67 points, or 2.7%, to 2,417. The capesize index fell 95 points, or 5.5%, to 1,639. Average daily earnings for capesize vessels fell $784 to $13,596. The panamax index slipped 79 points, or 2.31%, to 3,337. Average daily earnings for panamax vessels fell $717 to $30,029. The Supramax index fell 45 points to 2,946. The handysize index slipped 13 points to 1,774.

[Cainiao opens its first distribution center in the Americas] Cainiao officially opened its distribution center in the Americas. It is reported that this is the first distribution center built by Cainiao in the Americas. Focusing on the distribution center, Cainiao will further optimize the entire link of cross-border packages from China to Mexico to help domestic products go overseas. Currently, Cainiao has eight charter flights per week to Latin America, connecting Hong Kong, China, Sao Paulo, Brazil and Santiago, Chile. Combined with the construction of the whole chain of cross-border logistics in Cainiao, the delivery time of Chinese cross-border merchants' parcel logistics has been shortened from the previous 40-50 days to the fastest 12 days to reach overseas consumers.

[The first railway box "one box to the end", Yantian International "Dongguan-Yantian-Hong Kong" sea-rail combined express line opened] Yantian International's "Dongguan-Yantian-Hong Kong" sea-rail combined express line was officially launched. The 4 railway boxes loaded with furniture and other materials for Hong Kong arrived at the Pingyan Railway Station in Yantian International Container Terminal. The railway boxes were directly loaded from the train onto the barge for supply to Hong Kong and sent to Hong Kong.

Zhimeitong | Domestic Highlights

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[The launch ceremony of the 2022 Manned Space Station Mission Launching Team was held ] The China Academy of Launch Vehicle Technology of China Aerospace Science and Technology Corporation held the 2022 Manned Space Engineering Space Station Mission Launching Ceremony. This year, the Long March 5B, Long March 7, Long March 2F, and the third-type carrier rockets will perform six flight missions, including the launch of the space station interrogation capsule, the Mengtian capsule, cargo supply, and manned flight, completing the orbital construction of the space station. Build a national space laboratory that operates stably in orbit.

Zhimeitong | E-commerce highlights

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[Amazon launched the "One-click Listing Global" tool] Amazon has recently launched the "One-click Listing Global" tool, which has multi-site views, intelligent translation of listing text, automatic translation of A+ pages, units/dimensions (such as inches and centimeters) ) automatic conversion and support for batch uploading of the "one-click listing to global" product function, which can help sellers to synchronize listings to multiple Amazon sites for sales faster and more conveniently, and develop global business with similar operational investment as a single site. . It is reported that at present, "One-click Listing Global" has been embedded into the existing Listing-related creation and editing process, and sellers do not need to learn any new process in operation.

[Shopee's sudden withdrawal from India: suspected of having "Chinese origin"] Shopee announced that it has decided to close its Indian business "in view of the uncertainty of the global market". According to media analysis, Shopee suddenly withdrew from India because India discriminated against Chinese-funded companies. Although Shopee is a Singaporean company, its connection with China has been blocked by the Indian side. Shopee said that from 0:00 am on March 29, buyers will not be able to place any new orders. Shopee informed its Indian sellers that services related to payments, refunds, returns, disputes, etc. will continue to operate until May 30, and existing orders will also be shipped and delivered according to the process.

[Shopee Shanghai Transshipment Warehouse will be suspended from April 1, 2022] In order to comply with the epidemic control requirements of the local government where the Shopee Shanghai warehouse is located and reduce the impact on sellers' orders, from April 1, 2022 Orders to the Shopee Shanghai warehouse are processed as follows:

(1) For the packages that have been scanned in the Shopee Shanghai warehouse but have not been shipped out, the platform will properly keep the packages in the warehouse and process them after the control is over.

(2) For the in-transit parcels sent to Shopee Shanghai warehouse, the platform will ship to Shopee Yiwu warehouse for warehousing operations for packages that use the free collection service and Wanse paid collection before April 1; use paid collection and express delivery, etc. For the package of the third-party logistics service, please contact the express or logistics company to transfer it to the Shopee Yiwu warehouse, or return it to the seller's shipping address.

[The latest announcement of eBay Australia: some express delivery will be changed to eBay standard shipping service] eBay Australia issued an announcement saying that since some express delivery services did not meet delivery expectations, eBay will change it to its standard shipping service to meet buyers' delivery. demand and reduce claims. According to eBay's announcement, starting April 30, 2022, eBay will transition these services from express to standard:

All Aramex services (Middle East logistics giant – Sinotrans Aramex);

Sendle 250g (Australian logistics startup);

Australia Post tracking letters with priority labels.

eBay advises sellers not to opt for a service that will be downgraded before April 30 if they want to continue to offer express delivery services for their listings.

【eBay: Prohibit listing of items designed to destroy, avoid or close emission control equipment】 To help buyers and sellers comply with government regulations regarding the sale of automobiles and auto parts, eBay completely prohibits listings and sales designed to destroy, avoid or close down Items of emission (exhaust system) control equipment, including hardware and software systems. Violation of relevant policies may result in a series of restrictions, including but not limited to: item removal, cancellation of account sales privileges, or account closure.

Last Morning Post: Industry insiders: International logistics costs have dropped significantly recently; Amazon has raised European FBA fees | Cross-border E-commerce Daily

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