Chinese exporters prefer EU to North America
May 30, 2011 Category Foreign trade, Weekly
Despite global concerns that Europe’s debt crisis is worsening, Chinese exporters still believe the EU will remain a favorable market and be their first export choice in the years ahead, according to the report from the University of International Business and Economics (UIBE) in Beijing. Based on interviews with 300 Chinese exporters, the report found that 52% of interviewees are planning to sell goods to European nations. The appreciation of the euro against the yuan makes Chinese goods competitive, but trade remedy cases against China launched by the EU have been rising during the past year. Only 29% of the respondents chose to export to North America. 57% disagreed with the statement that the appreciation of the currency has exposed them to increased operating risks.
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world