Chile canceled the APEC summit, and the Sino-US trade agreement was delayed. The capital has entered
- Author:Kyrie
- Source:Transportation network
- Release Date:2019-11-01
according toShenzhen Sunny Worldwide Logistics Co., Ltd.The latest news from the marketing department, local time on October 30, Chilean President Piñera announced that in view of Chile's current social reality, the government had to decide that the abandonment of the host was scheduled to be held in Santiago, its capital, from November 16th to 17th. Asia Pacific Economic Cooperation Forum (APEC) Summit.
This is the first time in the history of APEC to cancel the informal leadership meeting, which has caused widespread concern.
Sino-US trade agreement is delayed
US White House spokesman Hogan Gidley said on the 30th that the US government still expects to finalize the first-phase trade agreement with China in November. US President Trump recently confirmed attending the APEC summit and believed that China and the United States could sign a trade agreement during the summit. The White House expressed surprise at the cancellation of the APEC summit in Chile.
Chile’s demonstration riots escalated in Chile due to “the rise in subway fares”, and Chilean President Piniella declared a state of emergency in Santiago on the evening of October 18.
On October 18th, Chilean extreme demonstrators took to the streets to set fire to protest. There were masked demonstrators arson at the exits of several subway stations, and buses were burned. Thousands of people joined the blocked road in the evening, and the Santiago landmark building Enel Energy Building was set on fire.
This is the first time in the history of APEC to cancel the informal leadership meeting, which has caused widespread concern.
Sino-US trade agreement is delayed
US White House spokesman Hogan Gidley said on the 30th that the US government still expects to finalize the first-phase trade agreement with China in November. US President Trump recently confirmed attending the APEC summit and believed that China and the United States could sign a trade agreement during the summit. The White House expressed surprise at the cancellation of the APEC summit in Chile.
Chilean riots, the capital enters a state of emergency
Chile’s demonstration riots escalated in Chile due to “the rise in subway fares”, and Chilean President Piniella declared a state of emergency in Santiago on the evening of October 18.
On October 18th, Chilean extreme demonstrators took to the streets to set fire to protest. There were masked demonstrators arson at the exits of several subway stations, and buses were burned. Thousands of people joined the blocked road in the evening, and the Santiago landmark building Enel Energy Building was set on fire.
The impact of the Chilean riot on trade:
1) 20 ports in Chile have undergone a general strike
The 20 ports in Chile, including San Antonio and Valparaiso, went on a general strike to support the nation’s protesters.
1) 20 ports in Chile have undergone a general strike
The 20 ports in Chile, including San Antonio and Valparaiso, went on a general strike to support the nation’s protesters.
Most of Chile's goods and fruits are located in the central part of San Antonio and Valparaiso. The strike will seriously affect the normal export of the country’s main commodities, and even affect the relevant foreign trade enterprises that call the country’s ports and import the country. Please pay attention to the collection and shipping risks of companies that have recently shipped to Chile.
2) A large number of Chinese businessmen have been robbed to varying degrees
In the riots in Chile, Chinese businessmen are also difficult to escape. Zhejiang Lishui Qingtian overseas Chinese suffered the most damage. According to statistics from the Lishui Qingtian Association of Lishui, Chile, on the 19th, a total of eight Lishui Qingtian compatriots engaged in department store retailing were robbed to varying degrees. The overseas Chinese in the Chilean capital's Huashang trade wholesale area were all closed.
3) Aviation, air and logistics are greatly affected
Eduardo Goycoolea, executive director of Xinhai Line, said: “Because of the unrest, the air transportation of our products was delayed. Chile’s logistics system was greatly affected, including setting roadblocks, airport problems, class delays and even cancellations. We hope that traffic conditions will be in the next few days. Recover as soon as possible."
4) Chilean peso depreciated sharply
The Chilean peso depreciated sharply. From October 20 to 25, the exchange rate of the US dollar against the Chilean peso rose from 710.93 to 726.15. By October 31, the exchange rate had risen to 739.53.
2) A large number of Chinese businessmen have been robbed to varying degrees
In the riots in Chile, Chinese businessmen are also difficult to escape. Zhejiang Lishui Qingtian overseas Chinese suffered the most damage. According to statistics from the Lishui Qingtian Association of Lishui, Chile, on the 19th, a total of eight Lishui Qingtian compatriots engaged in department store retailing were robbed to varying degrees. The overseas Chinese in the Chilean capital's Huashang trade wholesale area were all closed.
3) Aviation, air and logistics are greatly affected
Eduardo Goycoolea, executive director of Xinhai Line, said: “Because of the unrest, the air transportation of our products was delayed. Chile’s logistics system was greatly affected, including setting roadblocks, airport problems, class delays and even cancellations. We hope that traffic conditions will be in the next few days. Recover as soon as possible."
4) Chilean peso depreciated sharply
The Chilean peso depreciated sharply. From October 20 to 25, the exchange rate of the US dollar against the Chilean peso rose from 710.93 to 726.15. By October 31, the exchange rate had risen to 739.53.
Finally, once again reminded the cargo owners who have shipped the Chilean plan recently, the riots in Chile have been escalating, and many places have entered a state of emergency. Shipping and logistics have been affected to varying degrees. Please pay attention to keep abreast of the latest situation and do things with customers. Communicate well so as not to cause unnecessary losses.
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