According to "guangzhou daily" reports, European and American economic recession production costs soared cold wave hit some export small and plus size clubwear enterprise because order lack temporary close the door.
10 years ago a single business mention achievements are ten thousand yuan of, but now shut for factory and unemployed for two months. "Around thirty percent of foreign trade, it is imperative to turned down!" Old foreign trade member made hui masseur, online and cries.
Apparel trade industry profits down curve reflected the industry from prosperity to decline in the world. In 1998, the profit margin of more than 20%, to 2002 cut to 12% ~ 15%, 5% ~ 8% for 2008 years ago, 2008 subprime storm, profits dropped to 3%. Until last October, many enterprise began to appear zero profits, or even a loss.
This year, in Europe, the U.S. economy remains weak economic recession, China's foreign trade export will face more severe challenges. At present the industry consensus forecasts, this year will be since the financial crisis of the hardest years, exports are weak situation or will continue, and may even a trade deficit, export cold wave hit!
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