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    Textile Exports To Zhangjiagang Dropped Nearly Half In January

    2009/2/11 0:00:00 10234

    Exit

    In January, two, January, the Zhangjiagang entry exit inspection and Quarantine Bureau accepted the statutory inspection of four hundred and nineteen batches of textiles inspection, which amounted to nine million three hundred and twenty thousand US dollars. Compared with the same period last year, the number of batches dropped by forty percent, the amount decreased by forty-nine percent, and textile exports fell for the first time.

    There are three main reasons for the analysis: first, external demand continues to shrink.

    With the continuous spread and deepening of the international financial crisis, the growth of consumption in European and American countries has slowed down, resulting in the continuous reduction of orders in Europe and the United States, the credit crisis of foreign customers, the reduction of orders or even the cancellation of orders, the failure to pay timely or even the lack of money, which has brought great risks and pressures to the export of enterprises.

    Two, the impact of RMB appreciation is becoming increasingly apparent.

    The foreign exchange rate is unstable and the exchange rate risk is increasing. Since the reform, the RMB has appreciated to the US dollar and Ou Yuanjun in varying degrees, and there is no doubt that the pressure on textile export enterprises has increased sharply.

    Three, January coincided with the new year's day, the Spring Festival, and the volume of orders was insufficient. Many enterprises chose to leave in advance.

    Wang Xiaonan: editor in charge

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