April Plastics Machinery attention while good, progressive upgrading of domestic exports of plastic machinery, mainly due to efforts to open up the domestic plastics machinery enterprises in emerging markets. Plastic machinery in emerging markets mainly in the Middle East, Southeast Asia, Africa, Russia and so on. The traditional Nordic and North American markets due to closure of large enterprises, coupled with its higher cost, gradual loss of advantage in emerging markets. Emerging markets, China's purchases have not decreased, as well as an increase, while the reduction in procurement is the traditional North American and European markets.
General Administration of Customs recently released data show that in March China's foreign trade began to shown signs of improvement. Vice Minister of Commerce Chen Jian, said recently that although the export of electronic products is still low, but the large-scale equipment manufacturing, power generating equipment, industrial plant equipment, the export situation is good, becoming a new growth point of China's exports.
Currently, many export enterprises through large sets of machinery equipment and engineering services supporting access to the opportunities in emerging markets. At the same time, emerging markets, credit risk, currency risk is gradually increasing, export enterprises are facing severe challenges.
Data show that at present the costs of plant investment in emerging markets before the financial crisis, 60% -70%. As the overall lower demand in emerging markets, production and procurement will also reduce the market liquidity is also lower.
Credit risk in emerging markets, compared with the traditional market presents its own characteristics, not as good as Europe and the United States in regulating the level of state enterprises, credit risk is relatively complicated. To prevent these risks, the new Lok Wah Po and foreign merchants in the pre-contract will be inspected more seriously than ever before, the purchasing power of the other side. Try not to use letters of credit approach, but tend to pad sinks way, so that they can take some of the funds.
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