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Tag: exporters
At Chinese trade fair, exporters despair their goods are ‘as cheap as cabbage’
By Ellen Zhang and David Kirton GUANGZHOU, China (Reuters) – Wu Huazhan’s Chinese television factory used to impose minimum orders to manage production efficiently. Times are now so bleak, it will take any order. Foshan Top Winning Import & Export’s profit margin has dropped to a wafer-thin 0.5% from 2% some 3-4 years ago, according […]
Analysis-China’s tumbling prices push some exporters to the brink
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – When Kris Lin, who owns a lighting factory in China, received this year’s first order from a close overseas client, he faced a distressing choice: take it at a loss, or tell workers not to come back after the Lunar New Year. “It was impossible […]
Analysis-China’s tumbling prices push some exporters to the brink
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – When Kris Lin, who owns a lighting factory in China, received this year’s first order from a close overseas client, he faced a distressing choice: take it at a loss, or tell workers not to come back after the Lunar New Year. “It was impossible […]
Irish exporters to Britain urged to prepare for new Brexit rules coming into force
Organisations that export Irish goods to Great Britain are being urged to prepare for new post-Brexit rules coming into force in two weeks. From January 31st 2024, Great Britain will require the pre-lodgement of customs declarations and the pre-notification of agri-food exports – which in some cases will also need an Export Health Certificate. Irish […]