Tuesday, November 16, 2010

Portends a negative growth of foreign trade

 Negative growth of foreign trade portends?
General Administration of Customs on the 10th according to data released in November China's import and export volume for the first time in 7 years of negative growth. Which imports amounted to 74.897 billion U.S. dollars, down 17.9%; exports to 114.987 billion U.S. dollars, down 2.2%. Many experts have said that the export slowdown was long expected, but did not expect so soon to fall to the point of negative growth. More vexing is that it was just possible is a bad start.
current China is an export-oriented economy, heavily dependent on external markets, this is actually a defect. Recently the central economic work conference as the fundamental way to maintain growth, to accelerate the development mode and structural adjustment as the main direction of capital growth. But in the domestic markets are not cramming a little while by amplification effectively be able to see the effectiveness of things. Mr. Cheng Siwei, the reform and opening up can not undo, but the pear to be reviewed three decades that the place is really too much. heavily dependent on exports is one of economic growth.
the world's major economies to look at the situation in the short term, they can not recovered. U.S. financial crisis has gradually eroded the real economy. an important pillar of the U.S. economy mm auto industry is facing the test of life and death, from the domestic small Chery Chrysler considering the acquisition of the U.S. auto industry has to know sick. General Electric disturbance may be more disturbed than Citibank to make people feel depressed. Shinco rookie Barack Obama's economic rescue plan can achieve the desired goal is questionable,UGG bailey button, even if there is hope, that is something at least half a year later. to say that Chinese goods entering the U.S. market within six months, at least too good not to have hope.
leaders of major countries in Europe seem to indulge in competition for power and their own race interests. British and French version of the rescue plan with the German version of the rescue plan is the most fundamental differences between the leading powers of the EU economy who, who will get more benefits. Brown, Sarkozy and Barroso, Merck bypassed the Big Three Seoul secret meeting in London to be seen a true European Union. the new Europe and old Europe still have differences, the British Isles and continental Europe are still differences. They just like a group of hedgehogs, how can Baotuan heating? Moreover, individual IQ defects leaders also come up with some political topics from time to time to stimulate the Chinese,bailey UGG boots, and then destroy each ravaged in the economic field, to increase the economic crisis more difficult. this winter rather special way.
sluggish economies in Europe and America mainly destined for export dependence based economy will be hit hard. Unfortunately a serious China is export-dependent economy. Christmas to the southeast coast of the sharp drop in orders for some companies complain incessantly. As mentioned, this is just might be a start. night long in winter, when it will end remains to be seen the resilience of Europe and the United States. has long neglected the development of domestic market handicapping more and more obvious defects.
ignore the domestic consumer market is the most concentrated focus of the wages of factory workers in the past three decades unshakeable maintained at a low level hovering. Pearl River Delta Yangtze River Delta, China's leading wage workers also in the 800-1500 yuan range, converted into U.S. dollars is difficult to over 200, net of inflation, inflation factors, how can domestic demand developed? can be said that the Chinese people are industrious and hard working live frugally simple virtues three years supporting the rapid economic development. But the cost of this predatory economic growth model is not sustainable. It takes enormous resources, the expense of the environment, but failed to bring the same amount of benefits to ordinary people. In fact the so-called cheap labor is not a competitive advantage. bow down map of the world look down on labor costs in Vietnam or India than we may more affordable. That is the low labor cost model not only can not expand domestic demand, much less to China's economic development has brought any new bright spot.
accompanied by negative growth of foreign trade, we can actually see the November trade surplus has increased significantly. data Show November trade surplus $ 40,090,000,000, more than in October hit a new high of just 35.24 billion U.S. dollars, a new record high. In fact this is not optimism,Bailey UGG boots, but much higher than the decline in imports caused by a decline in exports difference. Imports the rate of trade declined by 17.9%, from another perspective, can be interpreted as further declines in the domestic consumer market, expanding domestic demand for consumption or for the global economy to recover is not good news.
many entrepreneurs say : Over the past may not appear to live. Even the very past, the next are not necessarily continue to survive it. not to mention every time need to passively Open market factors do not say, since the industrial revolution,Discount UGG boots, previous large scale by the global economic crisis the development of new technology as a breakthrough to promote economic strides out of the woods, the crisis should also not exceptional. Do not look at the EI in China in 2007 included the number of papers than the United States ranks first in the world glory, but really to show for it is also not a lot of things. Many inside the so-called high-tech incubator companies is only a simple rough copy to copy someone else's achievements, the so-called patent can not withstand careful scrutiny.

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