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Even before the financial crisis, China's production and labor costs rise, yuan appreciation, Chinese banks reduce the scale of available credit and lower export tax rebate, has forced China's manufacturing center known as Pearl River Delta region known as a large number of factory closures. Jinbi September another record high trade surplus, but as a barometer Canton Fair is China's foreign trade reveals an entirely different story. Located in Fleetwood Pennsylvania DarrellHelms CEO, said, "We have to stop the import, because of the many existing uncertainties. Our stock maintained at a low level." In Fair trading hall, 22,000 Chinese enterprises is the development of it from a hair dryer to the satellite antenna everything. The number of overseas buyers than in the past to reduce, in particular, buyers from Europe and the United States. According to Guangzhou, "Nanfang Dushi Bao" reported that, on average every four exhibitors have a registered buyer, and the hotel reservation rate is reduced by half compared with last year. Credit crunch led to orders for increasingly difficult for small enterprises, thus harming the entire supply chain. Three letters Shanghai Electric Group International Sales Manager Huang Jinping (phonetic) said orders this year, Europe and the United States has declined by 30%. "Various aspects of the financial crisis, demand, investment, orders fell across the board," he added. ** Quality as the key to the survival of hard times ** Home appliances exhibition hall in the Canton Fair, Guangzhou, electrical appliances, a new domain managers HarryLee is sit in the company's exhibit at the side, around him filled with minced meat machines, mixers and Electric kettle . "This winter will be very long," he said, "Many factories can not get the necessary funding. Many customers no longer visit the. We are in the next two quarters do not count on it to maintain the existing scale of business . " In addition to the clients do not take the initiative to visit , Lee also said that due to the growing fears of defaults, for those who do not have sufficient credit lines to customers, when his orders are hesitant. "Now the environment is too complex. How can place money is a problem, because if not in place, will affect the plant's survival. Many factories have not received payment of the issue, while loans to the section when you can have no idea, "he said. White Home Appliances Exclusive manufacturer Shanghai Electric in order to reduce the impact of its economic slowdown, to ensure in Africa, the Middle East and Southeast Asia, the market diversification. Fair on the large number of buyers from these areas, as evidenced by the success of this strategy. "Small developing countries into the market, how can we have growth," the company's manager JamesGuo said. Other companies are trying to enhance its position in the value chain, or to change the past, a low price strategy to win, instead of winning by quality. "We have been offered for a price slightly higher but more advanced products," three-letter Group, Mr Wong said in the introduction of its products. New domain appliances HarryLee said: "We now aim at quality, in order to compete, rather than lower the costs." Some manufacturers try to China's vast domestic market in search of safe haven, some analysts pointed out that China's domestic consumption is likely to slow. Group of textile and footwear factories have left China, moved to lower cost countries, such as in Bangladesh or Vietnam, but some buyers said the more advanced products in China, or a competitive edge. The e-commerce company in China offers quality products such as Mueller Check Valve , China Crane Wafer Check Valve, and more. For more , please visit Wafer Check Valve Dimensions today!
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