According to the daily economic news may 19 reported that the Department of Commerce, 17, was Euro debt crisis for China's export of expressed concerns, including the appreciation of the Renminbi against the euro. Press spokesman for the Ministry of Commerce said Yao, European bonds, Kennedy crisis will have on the whole of China's exports. At the same time, the United States continue to exert pressure on China, in the exchange rate on tough issues. RMB exchange rate go powerhouse will increase China's textile, clothing, shoes and toys and other labour-intensive products operating pressure. A bit long engaged in the export trade of persons told reporters, ' debt crisis more than in the industry, machinery and other products for export will be significantly affected.
Department of Commerce, the Dean of the Hopi Nation interview yesterday, said that Europe debt crisis for China's foreign trade in very serious. It is expected that in May and June, and even entire third quarter performance would be more clear, I'm European export growth rate may decrease 6%-7%.
Profit thin suppliers have to shout prices
"The euro fell sharply, our trade greatly affected. "Homer state that while the current, from the data on European exports also maintained a rapid growth, but this kind of response will lag phase, and the most affected will be the mechanical and electrical enterprise.
Yesterday afternoon, a company located in Austria machinery Shanghai sourcing Centre procurement engineer-Dake, as the train sped to its suppliers, to the euro exchange rate of RMB sustained rise to appease the vendor's heart. Yue said that their company from China machinery products to euro, due to the continued appreciation of the Renminbi against the euro, the vendor is holding euro convertible Yuan decreasing, and vendors are becoming more and more thin, shouting out profits even without money you can earn, vendor strongly requested either a dollar, or going up, otherwise you will not be able to continue to supply.
"Usually we negotiate prices with suppliers, will contract a proportion of the exchange rate of increase, over the scale, we negotiate with vendors. "Mr. Yue told reporters, sometimes in order to price increase, the dispute with supplier Comanche," but the exchange rate change is not an enterprise or a purchasing agent can decide, we can only think of better ways to deal with. "On the Renminbi against the euro exchange rate continued high status, Yue was done by Mr. global procurement work under increasing pressure.
Some exporters to dollar
It is understood that the machined product profit generally at around 5%, processing difficult, precision high at about 10%. Commerce Department spokesman Yao Jian 17, said that, as of 14 days, the Renminbi appreciation against the euro has accumulated 14.5%.
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