Chinese Exporters Complain About "Three Big Mountains" On The Top Of The Canton Fair.
Be RMB
exchange rate
The 108th Canton Fair, which is shrouded in waves, China
Exit
Many enterprises have no choice but to sigh with regret.
On the third stage of the Canton Fair, which was opened in October 31st, textile and food exhibitors also claimed that the "three mountains" on their heads were endless.
In the Chinese garment (9.32,0.15,1.64%) textile export, a considerable proportion of Guangdong enterprises, the export growth of the first three quarters of this year was significantly higher, the more 30% of the export growth for the EU and the United States.
However, Guangdong's exhibitors are not optimistic about the current deal.
Exhibitors said that the export rebound in Europe and the US market was mainly caused by the replenishment of stocks by European and American enterprises, which is a short-term behavior. There is still a lack of support for consumers' purchasing power recovery.
A clothing company in Shenzhen said that enterprises are already in a difficult position on the top of the mountain.
The first big mountain is the recent heated exchange rate fluctuation.
The second mountains are rising prices of raw materials.
The three great mountains are endless.
Trade
Barriers.
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