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Low Cost Sourcing

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Brand: DS
型号: 10
规格: 10
Price: 1.00USD/5
Min.Order: 500 5
Supply 500 5
Delivery: Shipment within 3 days since the date of payment
Address: China
Valid until: Never Expire
Updated on: 2017-10-31 17:17
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In 2007, China's trade surplus with the United States reached US $ 163.32 billion. In fact, since 2005, China has implemented a managed floating exchange rate system, the exchange rate of people's currency against the dollar has been on the rise, the appreciation of the renminbi more than 20%, while China's foreign trade enterprises did not fall. After the US subprime mortgage crisis in 2008, China's foreign trade enterprises surplus has decreased. Purchasing Agent China,
 In 2009, under the influence of the global financial crisis, the RMB exchange rate was basically stable, and the trade surplus fell by more than 30%. But the pressure on the appreciation of the renminbi from the United States and other Western countries is still very large, especially in the near future, facing severe domestic unemployment and political elections, the United States even through political means to exert pressure to force the appreciation of the renminbi, hope that the appreciation of the RMB exchange rate to reduce the The import of Chinese products, pulling domestic employment and production, easing serious imbalances in the balance of payments. In the case of the appreciation of the renminbi, the export of professional foreign trade enterprises has been greatly affected. First, the appreciation of the renminbi will lead to the reduction of professional export products, while imports of products increased, resulting in reduced trade surplus, thereby reducing foreign exchange earnings, while foreign exchange earnings reduction will be to a certain extent affect the professional foreign trade enterprises to buy advanced technology equipment, Enterprise scale and so on. In addition, after the appreciation of the renminbi, due to increased production costs, the original competitiveness of the weak professional foreign trade enterprises due to unprofitable, may withdraw from the foreign trade industry, the total export volume will eventually reduce the export reduction, which means that professional foreign trade enterprises to reduce production, While the reduction in production will lead to the corresponding reduction in the overall income of foreign trade and employment.
Third, China's professional foreign trade enterprises exist their own problems (a) professional foreign trade enterprises strength is not strong
Compared with the international giant multinational companies and integrated trading company, China's professional foreign trade enterprises generally small size. To export trade ranked fifth in Fujian, for example, the annual export of more than 80 million US dollars of foreign trade enterprises accounted for only a dozen. https://www.dongsourcing.com
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