Pearl River Delta Textile And Apparel Smes Risk Of Bankruptcy
In recent months, Europe and the United States frequently reported bad news, exchange rate fluctuations, rising domestic raw materials, and steadily rising labor costs, coupled with tight capital supply caused by overall regulation and some areas.
Appear
The phenomenon of power restriction has not eased the situation of the textile and garment enterprises in the Pearl River Delta, and the enterprises are generally worried about the future market.
In recent months, the Pearl River Delta textile and garment enterprises are getting deeper and deeper in the suffering.
In this round of crisis, small and medium-sized traditional labor intensive textile and garment enterprises bear the brunt.
Production and labor costs climbed, but also the Pearl River Delta textile.
clothing
A microcosm of the collapse of business.
Dongguan as processing
Trade
The representative of the economy is a barometer of China's export processing economy. The Chinese Ministry of commerce at a news conference predicted that the fourth quarter of 2011 to the first quarter of 2012, China's import and export situation will be quite grim.
Research Report shows that textile and clothing, footwear, chemical industry and other industry orders are not optimistic.
Orders are expected to continue to decrease in the second half of the year.
Furniture manufacturing, shoemaking, textile and clothing, and other labor-intensive industries.
Exit
Small oriented enterprises are facing difficulties in production and operation, and the risk of bankruptcy is rising.
In the fourth quarter of 2011, enterprises in the Pearl River Delta generally declined by more than 10%, and in 2012, they dropped by 20% to 30%.
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