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China's trade FengGuoJing: the middle of next year will be better situation
Author:    Release Date :2010/10/9   Views: 2234

Recently, ICC chairman, Hong Kong li &fung FengGuoJing chairman, said the middle of next year of China's foreign trade tension will ease.

In li &fung foundation sponsorship about HIV theme after the lecture, FengGuoJing netease to finance, although global economic recovery, but in the process is slow, such as the high unemployment remains high, and political facing the mid-term elections in November, the RMB exchange rate has been politicalized, so the current situation of China's foreign trade is nervous. But at the same time, international trade protectionism are more careful, always can be controlled in the range.
Last week, the American house appropriations committee approved legislation that would allow the government to currency against the rate low countries impose punitive tariffs on the goods. It attracts attention from all circles that deepens us with China's trade frictions.
He thinks, our trade tensions in the next year, the situation may be good. But now, Chinese exports will also bigger, except for protectionism, still faces workers compensation ascension, and rising prices of raw materials, and other factors. But after three months of this year's trade situation should also smoothly.

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