Tuesday, November 16, 2010

Pressure on China's foreign trade continued business growth - look at current events

 Ministry of Commerce recently released high,bailey UGG boots, on the one hand will increase the cost of Chinese imports, inflationary pressures constitute the other, the operating pressure on export enterprises will continue to increase. Usually, by the sluggish international market demand, competitive constraints, manufactured goods prices rose much behind the primary products,UGG bailey button, rising raw material costs through price increases become increasingly difficult to transfer. as a manufacturing power and trading nation, China has become a major commitment raw material prices, exporters will be squeezed corporate profit margins, profitability will decline.
The report predicts that this year to accelerate yuan appreciation, rising labor and environmental costs on the export of domestic factors will become more apparent. Since late last year to accelerate the pace of RMB nominal exchange rate appreciation, the first quarter of this year,UGG shoes, the RMB against the U.S. dollar more than four per cent, while A quarter of raw materials, fuel and power prices rose 9.8 percent over last year to speed up 5.7 percentage points, with the authorities to strengthen macro-control and to implement tight monetary policy, a growing number of import and export enterprises feel the tight liquidity and capital cost pressures increase.
report also forecast a growth rate of world economy and trade will further slow the U.S. subprime mortgage crisis has consumption, investment and other real economy is developing in depth the risk of U.S. recession rising,Discount UGG boots, the U.S. dollar against the euro and other currencies fall substantially further if U.S. economic growth to further slow down world economic growth will be involved and affect the United States and other parts of China's export growth.
the first quarter of this year, China to achieve progress total exports of 570.4 billion U.S. dollars, up 24.6 percent. Among them, the export of 305.9 billion U.S. dollars, up 21.4 percent, respectively over the same period last year and fourth quarter decline six four, and 0.8 percentage points; the import growth rate amounted to 28.6 percent, to 264.5 billion U.S. dollars, compared with the fourth quarter of last year and increased ten four and 3.2 percentage points . the industry's concerns about the situation of China's exports this year,

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