国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Fair shadowed by weak exports

By HE WEI (China Daily) Updated: 2014-04-15 07:37

Fair shadowed by weak exports

Exhibitors arrange displays at the China Import and Export Fair, known as the Canton Fair, in Guangzhou, Guangdong province, on Monday. The spring session of the fair opens Tuesday. ZOU ZHONGPIN/CHINA DAILY

Some remain optimistic. Wang Tao, chief economist at UBS AG, said China's modest export recovery remains largely intact, buoyed by an uptick demand in the United States and Europe.

"The ongoing real appreciation of the yuan against the currencies of China's key trading partners and competitors will bring headwinds, but not enough to reverse the slightly positive gross domestic product contribution from net exports we foresee this year," she said.

Fair shadowed by weak exports

Buyers have lowered expectations about signing deals at the Canton Fair, largely due to European demand and a different sourcing model by US companies.

"We didn't see any pickup in demand among European economies, and the willingness to come for the fair remains low," said Frank Huang, general-manager of a Hong Kong-listed trading company. "Attendance of US clients may also stagnate since US firms make 80 percent of their orders through agencies."

First-quarter orders were slashed because of political turmoil in export destinations, said Gao Qiang, general-manager of Wilon International, a Jiangsu-based manufacturer of electronic machines.

"Our business in Thailand and Ukraine was hit by the ongoing strike and political upheaval. Honestly speaking, we don't expect the trend to be reversed simply by attending the exhibition," he said.

A fair regular, Gao has seen the export tides change, from when clients placed orders on an annual basis five years ago to the current three-month basis.

"The days when foreign buyers didn't bother to negotiate a price are long gone. With surging costs and heated competition in China, our margin was squeezed to just 7 percent last year from 15 percent five years ago," he said.

 

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
湖南省| 温泉县| 大余县| 萝北县| 连南| 恩平市| 诸暨市| 斗六市| 文昌市| 辉南县| 巴中市| 定襄县| 通山县| 花莲县| 上杭县| 马关县| 沁源县| 郧西县| 岐山县| 霍州市| 伊川县| 息烽县| 航空| 固镇县| 綦江县| 西城区| 黑河市| 清丰县| 文昌市| 楚雄市| 塔城市| 微博| 阿尔山市| 郓城县| 永川市| 理塘县| 富民县| 兴义市| 安多县| 瓮安县| 自治县|