At the 109th Canton Fair, buyers from West Asia and North Africa were clearly less, and Egypt even experienced negative growth. This has a greater impact on SMEs, especially those focused on the Middle East or West Asia and North Africa markets.
The turmoil in West Asia and North Africa has had a negative impact on China's manufacturing industry. According to the China Die and Mold Association, a few companies reported that orders had been cancelled since April.
According to statistics, the 109th session of the Canton Fair in Russia, India, and Brazil is relatively stable. The number of buyers from Japan, North Africa, and the Middle East to China has been affected. Overseas buyers are expected to reduce by 3%--5% compared with previous years.
A person in charge of a die and mould company in Shandong indicated that several Middle Eastern customers who had previously agreed to be absent did not come. It was actually South America and Brazil that came to a lot of new customers to consult products. Although the overall number of people in Africa has continued to increase slightly, the decline in the number of people from Egypt can be seen as a drop in the number of purchasers coming to the meeting in turbulent regions.
In addition, according to news from Chengdu Customs, Sichuan exported 17,000 LCD TVs in the first quarter of 2011, a significant 81% decrease from 2010. Industry analysts believe that this situation was related to the earthquake in Japan last month, because Japan's dominant domestic industries such as semiconductor chips and LCD panels were severely damaged by the earthquake.
According to analysis by experts, the earthquake caused significant direct losses to Japanese silicon materials, liquid crystal materials, and the production of some semiconductors and electronic components. Due to the lack of electricity and poor logistics, the overall start-up status of various industries is also difficult to determine. Affected by this, the global electronic materials and components market will experience a shortage of supply for a period of time. Domestic companies in the LCD panel and electronic component manufacturing industries relying on Japanese raw material supplies, and Chinese electronic companies that rely on Japanese core components for assembly will face short-term negative impacts. The shortage of raw materials will directly result in a decline in the output of related companies.
Analysts pointed out that the current need to be vigilant is that international hedge funds and capitalists will exaggerate losses by using manufacturing tactics to take away funds, which will have a serious impact on the development of the global economy. If Japanese capital is pumped away, global industries The body will be subjected to very great impact. Experts believe that the Japanese mold will face five major issues - to shorten the delivery time, reduce manufacturing costs, improve the quality and accuracy of mold, labor shortages and to meet the challenges of the above mold countries. The earthquake has added to this situation. Many mold manufacturers in Japan have transferred their foreign investment in equipment reduction to post-disaster reconstruction. In the future, the growth of Japanese plastic molds, powder metallurgy molds, and die-casting molds will have uncertainties, while stamping molds and forging molds will tend to decrease.
The turmoil in West Asia and North Africa has had a negative impact on China's manufacturing industry. According to the China Die and Mold Association, a few companies reported that orders had been cancelled since April.
According to statistics, the 109th session of the Canton Fair in Russia, India, and Brazil is relatively stable. The number of buyers from Japan, North Africa, and the Middle East to China has been affected. Overseas buyers are expected to reduce by 3%--5% compared with previous years.
A person in charge of a die and mould company in Shandong indicated that several Middle Eastern customers who had previously agreed to be absent did not come. It was actually South America and Brazil that came to a lot of new customers to consult products. Although the overall number of people in Africa has continued to increase slightly, the decline in the number of people from Egypt can be seen as a drop in the number of purchasers coming to the meeting in turbulent regions.
In addition, according to news from Chengdu Customs, Sichuan exported 17,000 LCD TVs in the first quarter of 2011, a significant 81% decrease from 2010. Industry analysts believe that this situation was related to the earthquake in Japan last month, because Japan's dominant domestic industries such as semiconductor chips and LCD panels were severely damaged by the earthquake.
According to analysis by experts, the earthquake caused significant direct losses to Japanese silicon materials, liquid crystal materials, and the production of some semiconductors and electronic components. Due to the lack of electricity and poor logistics, the overall start-up status of various industries is also difficult to determine. Affected by this, the global electronic materials and components market will experience a shortage of supply for a period of time. Domestic companies in the LCD panel and electronic component manufacturing industries relying on Japanese raw material supplies, and Chinese electronic companies that rely on Japanese core components for assembly will face short-term negative impacts. The shortage of raw materials will directly result in a decline in the output of related companies.
Analysts pointed out that the current need to be vigilant is that international hedge funds and capitalists will exaggerate losses by using manufacturing tactics to take away funds, which will have a serious impact on the development of the global economy. If Japanese capital is pumped away, global industries The body will be subjected to very great impact. Experts believe that the Japanese mold will face five major issues - to shorten the delivery time, reduce manufacturing costs, improve the quality and accuracy of mold, labor shortages and to meet the challenges of the above mold countries. The earthquake has added to this situation. Many mold manufacturers in Japan have transferred their foreign investment in equipment reduction to post-disaster reconstruction. In the future, the growth of Japanese plastic molds, powder metallurgy molds, and die-casting molds will have uncertainties, while stamping molds and forging molds will tend to decrease.
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