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    Affected By The Global Debt Crisis, China's Foreign Trade Enterprises Have Difficulty In Placing Orders.

    2011/12/26 11:04:00 8

    Global Debt Crisis Affecting The Plight

    According to reports, affected by the European debt and the US debt crisis, China's foreign trade enterprises are in the awkward situation of rising cost and decreasing orders this year.


    In the Pearl River Delta region in the past, busy scenes of Christmas and new year's rush could be found everywhere. However, this year's comparison seems to be somewhat deserted. Increased wages, Material Science Rising prices, appreciation of the renminbi and other factors, the sharp rise in costs has become the pain of enterprises in the Pearl River Delta region.


    Business owners: artificial expensive, materials all rise, RMB devaluation. This year's subprime mortgage crisis in Europe is also bad for Europe. This year is the worst.


    It is better to stop work than to start work. Because of the fear of taking risks, signing a short list has become a common understanding between buyers and sellers. Basically, a small factory runs at a loss.


    Business owner: let the enterprise run normally, basically no profit or loss 5%-10%.


    Enterprises generally believe that now that "small orders, fewer employees, cash shortage, high cost" era, they look forward to the government to increase support and share the cold winter together.


    Proprietor: is there any policy that the government can subsidize really? privately operated Enterprise.


    There were a number of orders from the European Union to be delivered on Christmas Eve in Ningbo, but in October, European and American merchants temporarily cancelled orders due to the market downturn. Chairman Hu Wei Ping said that the export of enterprises this year has a great impact.


    Hu Weiwei: We used to sell the pot to the Americans for 10 dollars, now they sell it for 17 dollars, and sell it for 17 dollars, not as good as 10 dollars.


    At present, there are Christmas gifts and gifts trade in Ningbo. enterprise Nearly a thousand, but the export of Christmas gifts are mostly Christmas tree, lantern, Christmas hat and other low-grade products. As the cost goes up, these inexpensive gifts are no longer available. Some enterprises rely on design and research and development to raise the grade and price of gifts, but people in Europe and America have clench money bags, and gifts are hard to sell. Wang Mian, deputy director of Ningbo finance office, said that the foreign trade situation of next year is still not optimistic.


    Wang Mian: the two outbreak of the financial crisis, foreign demand in the near future can not be as high as the past ten years. At the same time, because of macroeconomic regulation and control, the difficulties of enterprises will soon be eliminated.

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