Building A Diversified Market Structure In Search Of Danger

The international oil bear market is hard to change in the short term, but Russia's dependence on oil and gas industry is still not changing for a while, and the adjustment of industrial structure will take some time.

This situation determines that the Russian economy is likely to shrink this year, and the demand for Russian consumer market is expected to decrease.

"The ruble's depreciation will continue until what time is it hard to say?"

Wen Bin, principal researcher of Minsheng Bank, told reporters.

However, he pointed out that at present Russia has certain foreign exchange reserves and can take temporary capital controls and other measures, and Russia's political situation is relatively stable, with certain risk prevention and control capabilities.

Mei Xinyu, a researcher at the Ministry of Commerce and international trade and Economic Cooperation Research Institute, said: "the seriousness and persistence of this crisis require that enterprises have enough patience."

China

Su Chaoying, chairman of the association, also said: "the international political and economic structure is changing rapidly, but Russia is affected by various aspects such as politics, economy and so on. In the short term, the situation of low consumption is difficult to change. Therefore, it is suggested that enterprises should prepare for the coldness of the Russian market in the past one to two years.

But on the other hand, after this round of shuffling, some big enterprises that have strong strength and can persist will occupy a more competitive position in the future.

He pointed out that

Commodity consumption is highly dependent on the international market. In the long run, it still has a strong consumption power. Therefore, this market is worth sticking to.

In the face of enterprise response, many experts have given the replacement.

Currencies, such as Renminbi and US dollars, are used as settlement currencies, or for short-term, medium and long-term exchange rate locking, and forward settlement. However, enterprises reflect that the actual operation is very difficult, and Russian customers are unwilling to accept RMB or US dollar settlement.

The digestion of enterprises' backlogs has also become a major problem. Especially the export shoe products, because the version and style are mainly adapted to the Russian market, it is difficult to sell domestic products or sell the European market. Enterprises can only turn the backlog of goods to the suppliers, and cause new problems.

Mei Yuxin suggested that Chinese businessmen in the Russian market could avoid risks through the FTA platform.

Although Russia prohibits the direct use of foreign currencies in the domestic market, the Russian Chinese businessmen and their Russian trade partners may use the Shanghai free trade area to set up free trade accounts in China's free trade area. The account will be stored in Renminbi or US dollars, and pactions will take place in Russia. The payment calculation can be achieved through free trade accounts in the Shanghai free trade area, thus avoiding possible Russian control.

The era of "laying eggs in a basket and worrying about it is over". In the context of global economic integration, it is particularly important for enterprises to rearrange the distribution and pattern of international markets in order to avoid risks.

The risks and losses that a single market brings to enterprises is often fatal. Even if there is no crisis of this ruble depreciation, there may be other crises. Therefore, it is suggested that enterprises should take an open view of the international market. Now there are many opportunities for Southeast Asian market, South America and Africa, and so on. Enterprises can take this opportunity to explore the construction of a diversified market structure.

Su Chaoying, chairman of China Leather Association, suggested.