The influence of the US -China trade war, the reality of China
The influence of trade war
Background of Trade War: The trade war between the United States and China is intensifying, which causes China to export.
Exports: China's towel factories are in a situation where exports to the United States have been suspended, which has resulted in all work related to production.
The change of contract: The factory manager mentioned, "We have won 12 million yuan (about 2.3 billion won) that goes to the US (e -commerce company) Amazon this year."
US tariffs: President Donald Trump imposed an additional 145%tariff on Chinese imports, and China also countered this and imposed a 125%tariff.
Factory Difficulties in operating the factory: The towel factory is accumulated in the warehouse.
-Sales decreased: The 12 million -ranked contract was good for a total of 6 million yuan (about 1.2 billion won), but it was transformed into a bad news due to the trade war.
-Supplement adjustment: The export company has requested to meet the supply date, but recently, it was contacted to reduce the supply.
In the future uncertainty: The outlet of the US -China trade war is not visible, and the factories are losing their strength.
Reality of exporting
-Profession: The factory manager explained, "This is a thing to go to the United States, and all of them are suspended."
The importance of the contract: There was a 12 million -ranked contract, but due to the trade war, the contract is threatening the operation of the factory.
Dependence on US exports: More than half of the factory production is exported to the United States, which has a significant impact on the US market on the factory.
Long -term influence: Factory is facing serious economic difficulties due to the prolonged prolonged US -China trade war.
Wholesale stagnation
-Shops Closing: Most of Gao Yang's towel wholesale is closed, showing a strong atmosphere.
Industry size: Gao Yang -hyun is China's largest textile industry, with about 4,200 related companies and 5 billion towels every year.
-Influence of the recession: Wholesalers mentioned the influence of the recession, saying, “I usually open the door of the store these days.”
The fatal impact of tariffs: US tariffs are fatal to the Chinese textile industry, and the decrease in exports has a great impact on the industry.
Tariff
-Replaned exports: According to the China Textile Industry Association, last year, the export of household textile products was $ 48.9 billion (about 69 trillion won), an increase of 5.6% year -on -year, but is now decreasing.
The importance of the United States and EU: The exports of the US and the European Union (EU), which account for nearly 40% of the total exports, are decreasing, and the hits are great.
-Reduction of margin: wholesaler Wang Wang Chun said, "The margin of products supplied to the US and the EU is high."
Strategies for Survival: Factory and wholesalers are in a situation where they have to give up their profits.
Efforts for survival
-Cost savings: Jin -jong, the largest textile wholesaler in Gao Yang -hyun, emphasized that "everyone can survive the cost."
Labor cost reduction: The factory mentioned that the labor cost should be reduced to lower the cost and wholesalers should lower the price.
-Profession: Chi said, “I told my wife to match all the quality and plans that the customer demanded even if the money left.”
Long -term survival potential: However, it is difficult for them to endure the US -China trade war for a long time.
Long -term survival potential: However, it is difficult for them to endure the US -China trade war for a long time.
Limits in the domestic market
Competition in the domestic market: One wholesaler said, "In the case of domestic market, the price competition is too intense, so it is not easy to survive."
-Reume consumption expenditure: According to China's National Statistical Bureau, per capita spending on clothing, shoes, hats, and fabrics last year increased only 0.3% year -on -year.
Difficulties in securing new customers: Factory officials are not considering the options for finding new customers in Korea.
The impact of sluggish consumption: As the sluggish consumption continues, competition in the domestic market is intensifying.
National factory situation
National impacts: The difficulties of small and medium -sized factories in China are spreading nationwide beyond Gao Yang Prefecture.
Long -term vacation: The US Free Asian Broadcasting (RFA) reported that major export areas will stop operating from Labor Day (May 1) and go on long -term vacations.
-Redish working hours: factories that have shortened working hours are continuing, and employees are mobilizing relatives and acquaintances for inventory.
The seriousness of the economic situation: Mr. Chun Xiang mentioned that "this economic situation has not been for decades," and emphasized that the current economic situation is very serious.
The complexity of the US -China trade war
Political conflict: The US -China trade war is spreading to the pride fight between Trump and Xi Jinping.
Increased tariffs: The US White House announced that "China's tariffs are up to 245%."
China's counterattack: The Chinese Foreign Ministry warned, "If the United States stubbornly infringes on China's interests, China will resolutely counterattack and face to the end."
Uncertainty of agreement: Trump is waiting for Xi Jinping's surrender, but the prospect is unlikely.
