Consumption In Europe And America Is Bad
In order to attract customers Promotion Squeezing profits, British retail industry may enter a recession after the new year's discount season. The president of the British Retail Association warned that a number of retailers will go bankrupt in the next few weeks and 40 thousand will lose their jobs. In the past few weeks, many British retailers have closed down, and few are willing to offer. Meanwhile, the US retail chain Sears announced that under the pressure of bad Christmas sales, it decided to close 100~120 Sears and Kat Matt stores, and its share price also fell by 18%. The European and American retail terminal market has frequently transmitted negative signals, which also aggravated domestic enterprises' overseas exports. market Worries.
This is an excellent development opportunity for foreign trade B2C. As the economy goes downhill, European consumers with strong sense of practicality are more willing to buy inexpensive Chinese made products online. Fang Yu, general manager of Yongjun watch industry
The textile industry of the terminal is affected by the negative economic effects of foreign countries, and the sales of garments and textiles are not smooth, especially in Europe. The export will still face greater downside risks in 2012. Listed textile companies with a larger proportion of exports should be treated with caution. Spot trading 1988, an analyst at Bo business place
Europe's periphery countries, including Greece, Ireland and Portugal, are already in recession. The economic activities and economic indicators of Germany and France, which were once at the core, were also lacking in vitality, especially the sharp decline in German order data, which loomed the ominous signs of the early weakness. - Li Chengdong, an analyst at PDA.
Affected by the uncertainties of European and American economies, the growth of clothing demand in Europe and the United States has declined, which is also China's clothing. Exit The main reason for the slowdown. Affected by this, the profit rate of domestic garment export enterprises is between 4%~10%. Smart companies take advantage of existing trade relations and even buy design works abroad, and then sell them in China. - Bank of China international investment adviser Xiong Tianen
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