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Heavenly foreign trade orders hit India and Vietnam, while China ushered in a tide of order cut-off

2023-02-27

Tianliang foreign trade orders hit India and Vietnam, while China has ushered in a tide of order cut-off! With the transfer of repeated manufacturing industries and professional chains in Europe and the United States, more and more domestic foreign trade processing enterprises have experienced a tide of order cut-off. Apple, Samsung, Foxconn, Sony and other major international manufacturers have transferred their industrial chains to India, Vietnam and Mexico, so many foreign trade orders have been lost in the relevant upstream and downstream industrial chains. Most manufacturers have only reserved orders for domestic market consumption in China, while orders and industrial chains exported to the global market have been transferred. This has resulted in the supply of domestic and foreign trade orders, enterprise profits and orders.

Then came the difficulties in the operation of small and medium-sized enterprises, the emergence of layoffs and bankruptcies, resulting in the subsequent difficulties in employment, decline in consumption capacity and other adverse factors for development. The developed countries in Europe and the United States are sparing no effort to absorb high-quality industries, core industrial chains and talents from the world, while transferring key industrial chains. This has a profound and even fatal impact on the economic development of some countries and regions.

In this case, Russia, the world's largest resource, energy and industrial power, can't afford it! Once the economic development is restricted, the development of other fields will also be rapidly and continuously backward. In the end, even the export of energy and natural resources will be blocked, the market and profit space will be smaller and smaller, the resistance and cost in all aspects will be larger and larger, and the comprehensive national strength will continue to decline.

Therefore, any transfer of the industrial chain and the tide of foreign trade order cut-off are fatal economic crises, which should not be underestimated! The rapid economic development in the past was based on global trade exchanges, rather than any form of internal circulation economic development model. Now, most export orders have dropped a lot. Even when export orders grew at a high speed in the past, most of our capacity was saturated or even surplus.

So without foreign trade orders and export markets, is overcapacity more serious? Is it more difficult for enterprises to survive? In particular, numerous small and medium-sized enterprises that are still on the verge of bankruptcy during the period of excessive orders have no orders now. What else can they do except go bankrupt?

On the contrary, India, Vietnam, Mexico and the United States have a steady flow of foreign trade orders, followed by a large number of foreign investment projects, the construction of numerous industrial parks, science and technology parks and various development zones, trade ports, etc., which are the same as in the past period of rapid domestic development.

At present, Vietnam and India are the largest investment markets in Asia. This is due to the one-sided international relationship between the two countries. The relationship with any country is good, even can be one-sided. No matter how many organizations, allies Vietnam and India in the world can afford it, they can temporarily benefit from it. Therefore, the European and American industrial chain will also be transferred to India and Vietnam, which will also enable the economies of relevant countries and regions to achieve sustained and rapid growth in the coming decades or even longer.

However, in China, a series of adverse situations have been caused by factors such as industrial chain transfer and order cut-off. With the three years of epidemic and industrial upgrading and transformation and other special reasons. All walks of life have been damaged to varying degrees, including the decline in consumption level. At a time when a large amount of consumption, investment and exports are needed to drive the economy, they are blocked everywhere, and the situation is still not optimistic.

Investment, consumption and exports can maintain economic growth only through comprehensive growth. In the same way, if investment, consumption and exports decline, the economy will also decline. It is conceivable that the real crisis is brewing... It seems that all kinds of crises have erupted, but the biggest and most deadly crisis has not yet erupted. In fact, the economic development entering the internal cycle is the beginning of the real crisis

At the strategic level, economic internal circulation is the embodiment of strategic capability. The longer the internal circulation lasts, the stronger the strategic strength of this country and region. But at the same time, the longer the internal circulation economy lasts, the easier it is to be out of touch with the international advanced technology and industry. When it goes back to globalization again, it will fall behind the development gap of decades or hundreds of years.

The only high-speed channel for economic development is globalization, and the only way for economic backwardness is to break away from globalization. Therefore, global technology and industrial cooperation and attracting global investment, talents and technology are the only way to achieve rapid development. However, we are forced to leave this way, because we are facing numerous pressures of investment, entrepreneurship and employment. Faced with high risk, high cost, low profit and low income crisis.

The tide of order cut-off, layoffs and wage cuts we have seen and heard are only the beginning stage of this crisis, not the end stage. How long will today's employment, entrepreneurship and business difficulties continue? In this process, will our foreign trade orders be less and less, or will they be more and more slowly? No one can predict this. It can be seen how powerful the deterrence and lethality of the European and American repeated manufacturing and industrial chain transfer are.


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