As the United States on the implementation of safeguards in China's tire case of coated paper in anti-dumping case, and Barack Obama expressed hope that China reduce its dependence on exports, more and more money started to pay attention after the rise of trade protectionism, China's export situation changes. Originally the market at the weekend the Group of 20 summit in Pittsburgh, hope, and China also reiterated that oppose trade protectionism, but the meeting was disclosed that oppose trade protectionism, with limited success. Although the summit reaffirmed oppose trade protectionism and strive to promote the Doha Round negotiations, but the lack of specific implementation details. Oppose trade protectionism and practical needs of national efforts need to continue to observe its effectiveness.
1, gradual rise of trade protectionism
According to the Ministry of Commerce survey data show that from January to August this year, a total of 17 countries (regions) of China initiated 79 trade remedy investigations (of which 50 cases of anti-dumping, anti-subsidy 9 cases, 13 safeguard measures, special safeguard 7 onwards), involved total amount of about 10.035 billion U.S. dollars, up respectively 16.2% and 121.2%. These measures not only the recovery in exports to China caused some impact, but also means that the global trade protectionism on the rise.
More importantly, this trend may continue. One reason is that Financial After the tsunami, the global economy has been severely damaged, although eased over the past year with the recovery, but the relevant national and regional capacity to use the situation is not optimistic, leading to high unemployment. And ensure that employment is related to the Government's primary responsibility, in order to solve the employment problem of local protectionism will inevitably move. The other hand, after the global financial crisis more serious macroeconomic imbalances, the relevant national and regional economy to balance the need to re-fine their own industrial policy, thus making trade protectionism prevails. Therefore, the industry tend to think that trade protectionism in the future for a long time will continue, China's exports will also be long-term pressure, has been difficult to restore past spectacular. It has also been supporting such a set of data, if there is a tendency to trade protection measures together with the words, a total of 240, while waiting for implementation are being developed there are 134 trade protection measures, which will make the current trade protection measures more than 50%.
Two export-oriented enterprises or face some pressure
Because of this, it will certainly bring more export-oriented enterprises pressure, particularly Home Appliances , Car , Bathroom , Steel Related manufacturing enterprises. For example, "mid-2009, export revenues accounted for the main business income ratio among the top companies at a Glance" shows BDO Runda, seagull bath, as Lin shares of companies, mid-year, export revenue accounted for Sales Revenue, respectively, 82.22 %, 86.17%, 91.5%. Therefore, once the spread of trade protectionism, the outlet pressure of these companies is very obvious, is not conducive to such units in the secondary market trend.
At the same time, trade protectionism, once prevalent in the entire export industry chain will bring substantial impact. Not just in the logistics business and export-related industries, such as air transport, ocean transportation, but also spread to the container equipment manufacturing, heavy-duty trucks and other related industries. And because the phenomenon related to industry overcapacity, more prominent, so once in exports, the relevant company will export to domestic sales, then the competition will intensify efforts to domestic products, thereby putting pressure on the industry, for example, Textile , Home appliances and related products.
But also view, export-oriented enterprises may face some pressure, but also because of their marked differences in industry structure. For example, project contract has been the strength of our export business, the competitiveness is not cheap labor and other cost advantages conferred, but the state, long-term good reputation in business given the competitive advantage, so the main business income of export earnings accounted for 99.51% of the work of international construction contracting companies such as the pressure is relatively limited. At the same time, the Food Exports, due to the advantage of natural endowments, trade protectionism may not be able to wave a big stick to these sectors, exports accounted for 98.58 percent of main business income of investment in the country may not be pessimistic about the prospects for Lu. I am a professional writer from China Textile and Leather, which contains a great deal of information about bubble burst game , flexible flyer, welcome to visit!
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