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    The Negative Effects Of European Debt Crisis On Export Shoe Enterprises Will Gradually Show

    2010/8/9 16:21:00 23

    European Debt Crisis In Shoe Market

    Although recently released export data show that Fujian's exports to the EU still maintain a relatively high growth rate.

    However, the industry generally believes that the impact of the European debt crisis is lagging behind, and its negative effects on export enterprises will gradually become apparent in the second half of the year.


    According to insiders, the European debt crisis will lead to a decline in the overall consumption capacity of EU countries, which will further affect the market's import demand for Chinese consumer goods and other commodities.


    Vigilance: European customers "play disappear"


    According to the statistics of relevant departments in Fujian Province, in the first half of this year, the import and export of EU to the EU reached 8 billion 390 million US dollars, an increase of 33.3%.

    Among them, exports amounted to 6 billion 820 million US dollars, an increase of 35%, and imports of US $1 billion 570 million, an increase of 26.5%.

    However, the beautiful data exported to the EU in the first half did not bring a good mood to the main enterprises in the EU market.


    Mr. Zhang, owner of a trading company in Putian, told reporters that many European customers had disappeared since July.


    "This may be related to the Europeans' summer vacation." in summer, many companies in Europe will have a holiday. Some companies may take turns to take a vacation. Some small and medium-sized companies or even the whole staff are on holiday, and even their front office calls are not answered.

    In previous years, we will also encounter customers' holiday, but they will arrange things well before the holidays, and the payment will be made clear.

    This year's situation is not very good.

    A client of Spain did not give us a sum of money. Before he disappeared, he told us that the money had been remitted, but we went to the bank to check.

    Later, he wanted to send money orders to him, so that he could not find anyone.

    If the mail is not back, the phone won't get through.

    There is no way out. "

    Mr. Zhang said.


    He told reporters that at present, some European customers are very honest in terms of payment, and can always drag on.


    Analysis: market demand will slide


    With the impact of the European debt crisis, the EU's overall consumption capacity will decline, which will have an adverse impact on the export of consumer goods in China.

    Foreign authoritative research shows that under normal circumstances, the euro exchange rate fell by 1%, China's exports to the EU will be reduced by 0.65%, while the euro area GDP will decline by 1%, and China's exports to Europe will be reduced by 6%.


    "The impact of the European debt crisis on the overall export situation of Fujian, I think, may present a more moderate process.

    At present, there is a recovery trend in the whole export, and it is a fast growing trend.

    However, from a longer period of time, such as the second half of this year, the impact of the European debt crisis will gradually emerge.

    Because of the inquiry, counter offer, negotiation, contract signing and export delivery of foreign trade orders, the general cycle takes several months.

    Therefore, its impact on exports will be lagging behind.

    On the other hand, in the market demand, the welfare of many EU countries is very good. When the country does not have enough money to give them welfare, their consumption expenditure will be affected, which will lead to a decline in the overall demand of the EU market.

    An industry expert said.


    Zheng Hongfeng, general manager of Fuzhou Hong Pu electrical and mechanical equipment Co., Ltd., said that the European debt crisis will last for a long time, and export enterprises should be prepared for a protracted war.


    "I don't think the debt crisis has ended so quickly.

    We can take a look at the current situation in Greece. The crisis has lasted for so long. The government is actively reducing the deficit. But the ordinary people who are accustomed to the generous welfare do not want to, and this leads to continuous riots and strikes.

    Let's look at the whole of Europe. It's Greece. No country has gone on strike, and you have sung my debut. Airline staff, train drivers and teachers have taken turns to strike.

    Every strike means the failure of the government to reduce the deficit. "

    He said.


    Prediction: will not stifle economic recovery


    Although many business people and industry experts are pessimistic about the situation of exporting to Europe in the coming months, some enterprises and experts believe that the impact of the European debt crisis on China's exports is not so pessimistic.


     

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