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China's trade friction persist, Japan will not escape!

by:Mengxing     2020-07-16
Bag yesterday for more than ten years, China in dealing with the topic of sino-us trade friction, showing the never had a tough attitude. Following the trump to emit an extra $100 billion list, after China in just four words in response, 'the end'. Not just so much, even in the mainstream media in an op-ed article also USES the wording, not 'don't call it'. The last of this sentence, remains the same on the eve of the broadest deployment. As a result, China's determination to win the trade war. As Japan's one of the most important two big exporter, rapidly growing trade friction between China and the United States has caused the wide attention of Japanese media. Among them, the concerns of the natural is just how the influence of the trade war in the Japanese economy. Although some experts said, of its impact on Japan's economy, but the fact is really such? Figures for 2017 show China to the United States exports reached $506. 4 billion, while U. S. exports to China is only $130. 7 billion. China's trade surplus reached $370 billion or so. And this round of a trade war, the United States take nearly $150 billion of trade operation, thus it is not hard to imagine China will also have such a strong reaction. And in this among them, China's export goods to the United States, accounted for five of the total amount of product with Japanese parts. 4%. Product is given priority to with electronic products. While U. S. exports to China, accounts for only 1 product with Japanese parts. About 0%. Products mainly and agricultural products. And the above 5. 4%, also account for only 10% of Japan's electronics exports. In other words, is the sum total of the two, for the influence of Japan's GDP is only 0. About 6%. From the data on the effect does Miao small zai. The market is not so optimistic, because of a trade war to upgrade the market uncertainty, insecurity is spreading gradually. According to the boj the short-term outlook effect of recent performance, Japan's important business in the future business situation may present a worsening trend. Maybe there is very little data on economics, while highly depend on the Japanese companies in the global market have to face in the actual trade friction caused by the vibration of the market. The influence of unstable factors may have began to appear. The Asian market chemical products prices in the near future present a volatile situation. Influenced by American shale gas new factories, naphtha prices rose about 9% in February. While the price of low density polyethylene is down around 8% year-on-year. Under the influence of a trade war with China, the domestic enterprises for the polyethylene products possible countermeasures. And as synonymous with the petrochemical industry, PE ( Polyethylene) Every move event planning, are likely to impact on Japan's chemical industries such as power. In addition, part of the People's Republic of China Ministry of Commerce has raised the United States and the European Union company imported ethylene glycol and diethylene glycol monobutyl ether the applicable sales tax rate, tax rates between 10. 8% - 75. 5%. China is the world ethylene glycol ( 梅格) One of the largest consumer market, the consumption of ethylene glycol accounted for about 50% of global production. In 2017 China's consumption of ethylene glycol increased 10% year-on-year. Thus to raise taxes on ethylene glycol certain impact of the market. Under the background of globalization, no country is an island. Japan to revive also confirms this truth.
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