U.S. economy protection can not stop China’s foreign trade

“We have an annual export value of more than 30 million U.S. dollars, of which the U.S. market accounts for 35 percent. The United States ’special protective case’ is implemented, we will lose the U.S. tire market, the share of an annual loss of more than 10 million U.S. dollars.” Is here attending the Canton Fair in Guangzhou Rubber Tire Co., Ltd. Sales Manager Mori Hai China is not without regret, told reporters.

 

 This year in April, the United States involved in China’s tire amount of up to 2.2 billion U.S. dollars to launch a special protection measures to investigate. September 11 U.S. President Barack Obama decided on tires imported from China to implement a one-year punitive tariffs, the first year to 35 percent.

 

 The case of the negative impact of special protection in this year’s trade show. Dozens of exhibitors booths popular tire companies significantly less than other business categories. “Fair Shihai previous exposure to more than 10 U.S. customers, this session of the Canton Fair has yet to see a U.S. customers.” Hai-Min said.

 

 Data show that Chinese-made tires Jinsi Cheng exports, one third of exports to the United States. China Rubber Industry Association, Fan Rende preliminary estimates, such as the maximum 35 percent tariff levied calculations, which means China’s tire products in the first year after the implementation of the safeguards will not be exported to the United States, which will affect about 10 million people in employment, loss of about billions of dollars in export value.

 

 A bad situation appears to be more than that. This year, China’s exports aluminum, ceramic, coated paper, steel, shoes, Deng Jun shrouded in various forms of trade protectionism under a cloud. Into the post-financial crisis era, the rapid decline of global trade, cause the market to reallocate resources. Well received by the financial crisis hit Europe and American countries more frequently brandish from trade protectionism, “the big stick.”

 

 According to the Ministry of Commerce statistics, the first three quarters of this year, a total of 19 countries and regions initiated 88 Chinese products from trade remedy investigations, the total amount of about 10.2 billion U.S. dollars. One sponsored by the United States trade remedy investigations involving accounting for 5 into 7.

 

 Chinese Vice Minister of Commerce Yi Xiaozhun recently in Canton Fair, said: “China’s enterprises are growing and growing, it will certainly encounter in the competition obstacles to trade friction. Chinese enterprises to continuously improve the competitiveness of the enterprises themselves to overcome these competitive problems. The Chinese Government will, through various forms of communication, negotiation and multilateral, bilateral negotiations, a positive response, for enterprises to create a more seamless trading environment. ”

 

 It is understood that many of the Fair to open up China’s foreign trade enterprises in emerging markets, expanding domestic demand, adjust product structure, improve product levels, changes in business strategy, etc., have already succeeded in reducing the negative impact of trade protectionism, and, in this the process of continuously enhancing the overall competitiveness and ability to resist risks.

 

 ”From Africa, the Middle East and Eastern Europe, have added a lot of customers. To carry out three days, eight companies have already signed the order with us, much better than the last.” Hai-min, full of expectations for emerging markets.

 

 ”TCL products sold in the United States primarily by plant located in Mexico, Poland facility will basically meet the needs of the European market.” TCL Group’s brand management, General Manager Liangqi Chun said that local production can also be the greatest extent possible to avoid trade barriers.

 

 However, to break trade barriers, the most fundamental business and industry also depends on the overall strength. “Overseas Chinese household electrical appliances threatened anti-dumping, anti-more than ten years, and now the Chinese household electrical appliance enterprises but more powerful, inexpensive appliances in China, which is the fundamental Mo Fabi foreign products, and foreigners are quite clear.” China Electrical the Import and Export Chamber of Commerce, said Yao Wenping, vice president.

 

 Yi Xiaozhun pointed out that China’s exports is not as totally dependent on the outside said low-cost advantage, but has a comprehensive advantages. “We have a strong supporting ability, the world’s leading multinational corporations in China, the production, we did have a strong R & D capability. These forces together will enable China to continue to maintain our edge in the international market. As long as world demand is there, China’s manufacturing industry will be able to get a good market share and keep living. ”

 

 If being easy to customs data support. According to statistics, China’s foreign trade imports and exports fell in September continued to narrow. Exports have more than 100 billion U.S. dollars for three consecutive months. Is expected this year, China’s foreign trade is expected in the fourth quarter to positive.

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  1. Oct 25th, 2009 at 10:35 | #1

    The official figure of bank closures touched 100 today. From where I sit it looks as dreadful as ever. Surprisingly, we are still in recession after so many efforts. I just hope it doesn’t get worse than this.

  2. Apr 6th, 2010 at 07:06 | #2

    Following my own exploration, thousands of persons all over the world get the mortgage loans at various creditors. Thus, there is good chances to get a college loan in any country.

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