"Made In China" Crime And Punishment In 2008

There are two main factors that lead to the dilemma of "made in China": first, natural disasters and two man-made disasters.

When the impact of the "subprime crisis" and the general rise of international raw material costs spread to the world like viruses, "made in China" can not be spared.

The rise of trade protectionism and the spread of the "China Commodity threat theory" have also affected China's export trade to a certain extent.

Overall, the trend of foreign trade in 2008 is still good because the world economy has continued to grow for six consecutive years, and China's economic growth has been steady.

But some unstable factors will challenge "made in China".

Internal factors (leading factors): the effect of the "high pressure" policy in 2007 will be further revealed in 2008.

In 2007, the policy of controlling excessive export growth and adjusting the structure of foreign trade was intensified in China, which restricted the export of enterprises. In 2008, the pace of RMB appreciation will accelerate, and the cost of production factors in all aspects will gradually increase, which will overdraw the profits of enterprises.

External factors: the weakness of the US consumer market caused by the "subprime crisis" in the US will continue in 2008, and the "made in China" export will face the danger of reduced orders and shrinking profits.

International market energy, agricultural products (love shares, quotes, information) prices are rising, which has increased the cost of China's manufacturing industry.

Result: China's foreign trade surplus growth rate decreases.

Chinese manufacturing enterprises are facing the dilemma of accelerating the pfer of international orders. International buyers are beginning to reduce their purchases in China and pfer to cheaper markets such as India, Vietnam, Thailand and Nepal.

Data: the Ministry of Commerce and international trade and Economic Cooperation Institute predicts that China's foreign trade surplus will exceed US $300 billion in 2008.

Standard Chartered economist's report predicts that China's trade surplus will reach US $395 billion in 2008.

Although growth has been smaller than in previous years (an increase of about 20%).

China's trade surplus exceeded 250 billion US dollars in 2007, and its growth rate reached 40%.

Trade friction focus: 2005 for textiles; 2006 for shoes; 2007 and 2008 for iron and steel for two years.