Chinese Exporters Complain About "Three Big Mountains" On The Top Of The Canton Fair.
The 108th session that is shrouded in RMB exchange rate fluctuation
Canton Fair
China's export enterprises are reluctant to sigh with regret.
On the third issue of Canton Fair, which opened in October 31st,
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Food and other exhibitors also claim that the top three "big mountains" complain incessantly.
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China garment and textile
Exports of Guangdong accounted for a considerable proportion of the enterprises in the first three quarters of this year's export growth significantly increased, the EU and the United States export growth of 30%.
However, Guangdong's exhibitors are not optimistic about the current deal.
Exhibitors said that the export rebound in Europe and the US market was mainly caused by the replenishment of stocks by European and American enterprises, which is a short-term behavior. There is still a lack of support for consumers' purchasing power recovery.
A clothing company in Shenzhen said that enterprises are already in a difficult position on the top of the mountain.
The first big mountain is the recent heated exchange rate fluctuation.
The second mountains are rising prices of raw materials.
The third largest mountain is an endless stream of international trade barriers.
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