日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Manufacturers fail to profit from weak yuan

By JING SHUIYU and ZHONG NAN (China Daily) Updated: 2016-10-20 10:22

Manufacturers fail to profit from weak yuan

Visitors at the machinery section of the Canton Fair in Guangzhou, Guangdong province. [Photo/Xinhua]

Chinese machinery manufacturers have found it difficult to profit from the recent depreciation of the renminbi in the short term, company executives said.

Exhibitors from the machinery sector at the 120th Canton Fair in Guangzhou, Guangdong province, said the yuan depreciation, to its lowest level in six years against the dollar, had limited effect in boosting their business.

That was because many importing countries were themselves encountering depreciation pressures on their currencies-and some domestic manufacturing rivals had instigated a price war.

"Some of our clients in Indonesia, for example, are experiencing tough currency depreciation pressure against the dollar, so they were reluctant to spend and put off big purchases in the past few months," said Xiao Dan, general manager with Wuxi Kipor Power Co Ltd in Jiangsu province.

Even though many machinery manufacturers are under pressure to increase profit, China's machinery exports only grew by 3 percent on a year-on-year basis between January and September.

China's investments in railway projects in African countries including Nigeria, Ethiopia and Djibouti have also boosted exports of the country's power generating equipment, construction machinery, telecommunications, railway vehicles and signal systems.

"Logically speaking, exporters should profit more from a better price when the yuan depreciates," said Ji Sunmin, deputy sales director of Suzhou Jinding Machinery Manufacturing Co Ltd.

Another problem was that international buyers were pushing down prices as the yuan depreciated. However, they seldom raised their prices even when the exchange rate recovered, said He Hui, sales manager at Fujian-based United Power Equipment Co Ltd.

In the long run, the yuan depreciation could have some impact on foreign trade growth, as the processing trade remained a larger proportion in China's trade structure, said Huang Songping, spokesman of the General Administration of Customs.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产精品羞羞答答 | 亚洲黄色片在线观看 | 亚洲视频中文 | 在线只有精品 | 一区二区在线视频观看 | 在线观看视频中文字幕 | 久久国产一级 | 成人午夜视频在线播放 | 亚洲国产精品99久久 | 黄色av一区| 日韩五码在线 | 免费看日韩av | av免费观 | www国产精品 | 黄色大毛片 | 日韩视频在线免费 | 国产精品久久久久久免费播放 | 国产日 | 久久中文在线 | 日本精品在线 | 精品免费视频 | 日本在线精品 | 久久综合色网 | 日日精| 日韩av片在线播放 | 你懂的视频在线观看 | 国产精品久久久国产盗摄 | 亚洲精品国产精品国自产 | 五月天婷婷在线视频 | 欧美成人午夜免费视在线看片 | 日韩欧美视频在线 | 国产成人在线一区 | 理论片中文字幕 | 国产片一区二区三区 | 999久久久精品 | 国产一区二区精品在线观看 | 91视频在线观看免费 | 亚洲第一天堂网 | 欧美日韩在线综合 | 少妇太爽了在线观看 | 亚洲色综合 |