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    Global Economy "Locomotive" Stop! Textile Industry Will Face Greater Impact.

    2020/4/7 15:15:00 2

    Global EconomyTextile And Foreign Trade

    Affected by the continuous fermentation of the epidemic, fewer than 20 countries in the world have yet to have infectious diseases. ? In a country that has already launched a pandemic, the economy and society are basically at a standstill. Recently, the "locomotive" of the global economy, the United States announced that the epidemic prevention measures extended to April 30th.

    At the same time, The US factory will reduce its production by 47% of the contract work. Numerous factories in the world have been shut down, and all orders have been suspended or cancelled.

    The "locomotive" of the global economy is completely shut down.

    At present, the number of new crown pneumonia infections in the United States, whether absolute or relative, is horrifying and hopeless. ? It is reported that the United States will close state or state in a short time.

    This means the United States, known as the "locomotive" of the global economy. It will be totally suspended for at least 2 months.

    The United States has always been one of China's largest trading partners. China's surplus in Global trade almost came from an American country, even in a trade war.

    Therefore, once the US economy is completely suspended, For China's foreign trade in the cold winter, it is undoubtedly worse news.

    Some agencies expect March 2020. The growth rate of China's exports will drop to -25% or even lower, exceeding the impact of the global financial crisis in 2008.

    China's exports will be even worse in April 2020, with a negative growth rate of more than 30% over the same period last year.

    Factories are shutting down. Unemployment will surge.

    Once the US economy is completely shut down in April, the winter of foreign trade will be even colder. About 1/3 of foreign trade workers, or more than 20 million, may lose their jobs.

    Since March 2020, news of foreign trade enterprises' failure, layoffs and wage cuts has been heard.

    According to relevant data, as at the end of March 2020, The number of China's import and export enterprises is more than 6 million 410 thousand, of which Guangdong has the largest number of foreign trade enterprises, accounting for 182.3, accounting for 28.4%, and the number of foreign trade enterprises in Jiangsu and Zhejiang ranks second and third respectively.

    This time, the most severe impact on foreign trade is winter. The heavy ones are Guangdong, Jiangsu and Zhejiang provinces.

    In March 18th, A large manufacturer in Dongguan, pandas toys, because of the serious epidemic in Europe and the United States, a large number of orders were forced to cancel, coupled with suppliers to urge money, the capital chain broke up, only closed down.

    Due to the lack of orders, textile enterprises frequently issue holiday notices. Holidays and holidays have become normal.

    Under the cold winter, foreign trade enterprises are "breaking their arms to survive". Some large and medium enterprises are not going to be able to survive any longer. Other small and micro businesses are more unhappy.

    At present, the epidemic in Europe and the United States is still spreading, and the shadow of turning point is not seen. ? It is foreseeable that in the coming April, the days of the foreign trade industry will only be more sad, and the situation of collapse will not be ruled out.

    A large number of flights canceled, logistics and transportation seriously hampered!

    For some orders that have not yet been cancelled or delayed, they are also faced with a dilemma.

    According to incomplete statistics, Nearly 40 thousand flights have been cancelled in the past two days, and more than 30 airlines have grounded all international routes. Turkey, Iraq, Ukraine, Kenya, Nigeria, Angola, Pakistan, Ethiopia, Morocco and many other countries have also announced the suspension of international flights or the closure of international airports.

    International freight capacity has shrunk, and freight companies have experienced surcharges for peak season in the non traditional peak season. "Every night, we must make sure that the transport price goes up before we fall asleep. This is where logistics is, like stock market opening. Chen Liming, a pseudonym, who is engaged in the international logistics industry, said that the situation of the epidemic and warehousing has been seriously affected. From March 25th, the company will charge 22 yuan -1620 yuan for the goods shipped through the DHL channel in Hongkong, China.

    Largest airline in Thailand Thailand International Airlines The company announced that All domestic and international flights in Thailand between April 1st and May 31st are grounded.

    EasyJet In a statement submitted to the London Stock Exchange on 30 th, it said that The company is ready to suspend all aircraft.

    The second largest Budget airline company in Europe EasyJet announced on Monday that it had grounded all its aircraft. And an agreement with their flight attendants was made to allow them to take two months off according to the government's work plan.

    EBay official announcement said that the international air transport capacity continued to decrease due to the further spread of the epidemic situation, aiming at the current grim situation. China Post has decided to stop sending all the ordinary packages from the electronic business platform to the mail, which is transported by land, starting at 0 o'clock on March 26th.

    A foreign trader said that the company still has orders for shipment. "I want to get rid of the goods before the customers have notified them, for fear that customers will refuse them in a few days." In order to rush the goods to the customers, we can choose the expensive way of air transportation regardless of the cost. "I don't want to make money either." The foreign trader said.

    At the moment of globalization, once the European and American economies are closed, the global economy will basically stop. The market of textile and garment industry is all over the world, and the epidemic is increasing. The global economy is also weakening. It is also a major blow to the textile and garment market.

    But there is still hope. In April 1st, academician Zhong Nanshan said in an interview that with the vigorous measures taken by various countries, the global epidemic situation could be controlled. "I reckon it should be around the end of April, and the epidemic should be down."

    In April, we hope to see a change.

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