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The Trade War Between China And The United States Has Been Eased For A Month.

Mar 20, 2019

Inject a dose of fresh blood into the textile foreign trade market


Sino-us trade detente is playing a positive role over time.

Since the middle of this month, the polyester factories and textile and clothing enterprises have been receiving good news.


On December 14, foreign trade export orders came a surprise: it is rumored that three polyester enterprises in ningbo, zhejiang province received hundreds of millions of yuan of filament export orders, and a well-known textile enterprise in nanjing, jiangsu province also received hundreds of millions of yuan of textile export orders, which has been the downturn of the textile foreign trade market has a big boost.

It has played a positive role in the recovery of orders under the trade relaxation between China and the United States.


Polyester manufacturers, textile enterprises have received large orders, so the textile market as a whole of foreign trade orders have improved?


American foreign trade orders increased, good foreign trade textile enterprises


The head of a clothing trader in suzhou, jiangsu province, said the tariffs remain at 10 percent, making it easier for companies to export to the United States.


The manager of a silk factory in wujiang also said that as time went on, the slowdown in sino-us trade brought more orders from the us, and previous orders were mainly made in small batches.

Recently received some large orders, the factory is expedited production shipment, workers are very busy.


The arrival of hundreds of millions of filaments, hundreds of millions of export orders from textile companies, and a number of small and medium-sized enterprises also received some orders from the United States, indicating that the export market is gradually improving.


Orders from the us to south-east Asia are flowing back


Because of the frictions caused by the trade war between China and the United States, a large number of American orders have been transferred to southeast Asia.

But for textile and garment fabrics, China has a strong say. Now, the proportion of orders in southeast Asia of shengze market is second only to that of Japan and South Korea. However, some of the fabric orders we export to southeast Asia are still from European and American markets.

Now that trade wars have eased, more American orders are flowing back.


The head of a trading company also mentioned that although re-export to southeast Asia can avoid the risk of tariffs against the United States, the local fabric supply is relatively scarce compared with the Chinese market, and American customers are still more willing to place orders in China.


Trade frictions are unknown. Don't be blindly optimistic


Even if China and the United States are now in a state of detente, there is no guarantee that there will not be new trade frictions between the two countries in the future.

In may this year, China and the United States reached a ceasefire agreement on a trade war, but less than 10 days after the signing of the agreement, the White House suddenly announced the imposition of 25% tariffs on 50 billion dollars of Chinese goods.


So it is too optimistic to think that trade wars are over.

The truce may be just a break.

For textile enterprises, if the tariff is increased from 10% to 25%, the impact on enterprises is greater.

Maintain at 10% let a few enterprises a little relieved.


conclusion


Trade war is also an opportunity for textile industry to face both opportunities and challenges. Chinese textile industry can take this opportunity to transform domestic demand and tap emerging markets.

Textile enterprises can improve product quality and product innovation, expand sales.


The trade war between China and the United States is of uncertainty and long-term nature. On the one hand, export textile enterprises should make good market planning, not only encourage the independent research and development of new fabrics, but also further expand the textile industry chain.

Reasonably exploit emerging markets in countries along the "One Belt And One Road" route to reduce the risk caused by the decline of orders in the United States;

On the other hand, through upgrading and transformation, textile enterprises can improve the added value and technological content of fabrics, so that the competitiveness of fabrics is no longer only based on price and quantity.

In the future, even if the impact of a trade war increases and deepens, we will not be afraid of challenges by opening up new markets and enhancing our own strength.