Abrasives industry: "about" to go left or right to send
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Everyone did not see the crisis, the crisis comes when is the darkest, most dangerous time. A crisis is the time for all concerned, the crisis is not a real crisis, but instead an opportunity. However, we believe that the crisis may be over, is not the break, this time the crisis really up. "Chinese companies report the crisis," statistics: 72.7% of the respondents who are low risk identification capability, 9.4% are medium risk identification those who can, only 18.0% of those who belong to a higher ability to identify the crisis, half of the companies in crisis . Although the previous quarter economic performance indicators of the good of China, China's economic fundamentals are good, but the external market is still not optimistic. European debt crisis, the export tax rebate policy pressure, tense labor relations, cost pressures and the appreciation of the renminbi is irreversible and other factors are about our development. In the end is the left or right away?笔者 on the wear Qi carried out a sample (sample index 60) interviews, abrasive grinding through the perspective of the economic situation of people, may be able to get some basis for decision making. Debt Crisis: Is bring disaster to "the fish"? Background: Since the outbreak of the European sovereign debt crisis, the European Union, including 750 billion euros to rescue mechanism, tightening government finances, etc., a series of measures to deal with, 力阻 domino-style spread of the debt crisis, but the effect is not ideal. With the worsening debt crisis, the European economic outlook increasingly dim, and there may be a "double-dip recession." If the European economy to weaken again, the negative impact will be through trade, capital and confidence channels, pressure on the global economy. "Asia Week" issued a document that the European sovereign debt crisis that the global financial crisis is not over, but the surface into a stable, new phase of actually more vulnerable, there will be a greater challenge at any time. And this challenge is the global economy will experience a second dip, for many industries and enterprises in trouble again? Trouble spots: financial crisis is still in the European sovereign debt crisis came, grinding enterprise perceptions of the global economy will double dip? Everyone did not see the crisis, the crisis comes when is the darkest, most dangerous time. A crisis is the time for all concerned, the crisis is not a real crisis, but instead an opportunity. However, we believe that the crisis may be over, is not the break, this time the crisis really up. "Chinese companies report the crisis," statistics: 72.7% of the respondents who are low risk identification capability, 9.4% are medium risk identification those who can, only 18.0% of those who belong to a higher ability to identify the crisis, half of the companies in crisis . Although the previous quarter economic performance indicators of the good of China, China's economic fundamentals are good, but the external market is still not optimistic. European debt crisis, the export tax rebate policy pressure, tense labor relations, cost pressures and the appreciation of the renminbi is irreversible and other factors are about our development. In the end is the left or right away?笔者 on the wear Qi carried out a sample (sample index 60) interviews, abrasive grinding through the perspective of the economic situation of people, may be able to get some basis for decision making. Debt Crisis: Is bring disaster to "the fish"? Background: Since the outbreak of the European sovereign debt crisis, the European Union, including 750 billion euros to rescue mechanism, tightening government finances, etc., a series of measures to deal with, 力阻 domino-style spread of the debt crisis, but the effect is not ideal. With the worsening debt crisis, the European economic outlook increasingly dim, and there may be a "double-dip recession." If the European economy to weaken again, the negative impact will be through trade, capital and confidence channels, pressure on the global economy. "Asia Week" issued a document that the European sovereign debt crisis that the global financial crisis is not over, but the surface into a stable, new phase of actually more vulnerable, there will be a greater challenge at any time. And this challenge is the global economy will experience a second dip, for many industries and enterprises in trouble again? Trouble spots: financial crisis is still in the European sovereign debt crisis came, grinding enterprise perceptions of the global economy will double dip? Raises Chao: extremely heavy pressure on labor costs Background: The "jump" and several strikes pushed the salary increase is expected to climax. Foxconn 66% salary increase, salary increase by more than the sum of salary increases over the past 10 years. Gou interpreted as "dignity and pay for the employees to speed up economic restructuring." I wonder if this is not his heart, but the phenomenon has become a chain reaction pay. According to statistics, as when the magazine Chukan 18 provinces and cities have announced a minimum wage increase, or more than 10% are in some provinces even more than 20%, the average increase was 17%. "Substantial increase in labor costs, exports will suffer a serious setback, China Weiyi," Foxconn salary increase as a tipping point, the future trend of rising wages in China, is expected to come much faster than the outside world. Does this mean that China's "world of cheap factory" era gone forever? Lewis turning point will come earlier? Trouble spots: this situation the impact of the enterprise, the enterprise can not stand the pressure of wage, or towards the lower cost regions or countries, transfer of industry? Or take the industrial innovation and upgrading of the road? Mainstream view: Table II, in the course of the investigation I learned that almost all enterprises are facing more or less pressure on labor costs. Therefore, the cost of a sense of crisis to deal with a high degree of unity. Enterprises have all this brainstorming, and some that should optimize the management, and reduce expenditure; Some believe that the industry should be transferred; while others think we should increase automation, reduce labor. And most businesses or industries that the real long-term plan to upgrade and improve the added value of products, and take the innovative features of the road. But the road seems simple enough, but difficult to do, not a single day. Also worth noting: Most companies choose multiple legs to walk, not simply from the management, equipment, or value-added products and work hard, but expect to achieve a multi-pronged. Non-mainstream point of view: many companies hold opposing views on the transfer of industry that this is a temporary escape behavior problems, there is no way to approach is last resort. There are few companies believe that this is a trend in the national economy, to stimulate the current development of the Mainland economy is relatively backward, in the long run, this will also form a Forced trend, forcing companies to innovate upgrade. Exchange rate reform: a move led by the world Background: The RMB exchange rate on the future direction of the experts predict: the central bank may further announced the expansion of the foreign exchange market exchange rate floating range; from June to December 2010 is expected to appreciate against the dollar of around 3%; 6-12 months the pace of appreciation against the dollar may presented "before the slow down after" pattern; the adjustment will appear a bright spot, while the appreciation of the RMB against the U.S. dollar, the depreciation against the euro may be present, the RMB exchange rate started to really keep an eye on the best opportunity for a basket of currencies; this year there was a substantial decline in China's trade surplus is very high. Trouble spots: the first hanging appreciation of the renminbi, "the sword", foot high-cost mines, under internal and external problems, grinding rate of geometry? Mainstream view: Table III, when other industries that the yuan's appreciation is bound to give foreign-based enterprises adversely affect the same time, the wear rate is not the case. Learned through the interviews, 73% of the mill rate that has no effect on its own, of course, which also includes interviews with some of the object to the domestic-oriented enterprises. However, there are many export-oriented enterprises that the current overall economic environment is good, but exports have improved compared to last year, and there is a rising trend, even enterprises that side view is fine. Non-mainstream point of view: 21% of enterprises believe that the greatest impact on enterprises, mainly for foreign trade enterprises, but with the transfer of foreign trade business sales will inevitably compete with domestic enterprises, to snatch the domestic market, which will inevitably affect the entire abrasive grinding a business, but for a more stable customer base, businesses will not have significant volatility. 6% of the enterprises from the global to the entire environment is analyzed, that the yuan's appreciation is the trend, but the impact on businesses will not be significant because the yuan appreciation is a slow process, not a rapid process, the State Good control of bound to a suitable scale, the enterprise should be a rational view, cut Do not panic. If the impact of RMB appreciation on the company is certain about how to deal with, many enterprises chose to wear the adjustment of product structure and improve product performance, quality and value appreciation of the renminbi and other measures to deal with the negative factors (Table IV) . Companies that do not stand because the appreciation of the renminbi business will be affected, so the deal did not give the answer. In this sample of the interview process, in addition to a very small number of enterprises "had nothing to do", and claims to sacrifice the long corner, the vast majority of enterprises have shown a proactive response to the economic situation in a positive state of mind. Prospects, no one sees clearly. Blind optimism and excessive pessimism will affect the decision-making. Hear all, size up the situation who is the market rules of survival.