Debt crisis in Europe or the third quarter, China's export show.

<P> 17 to Europe and the Ministry of Commerce of the debt crisis affected China's exports expressed concern, including the appreciation of the RMB against the euro. .Ministry of Commerce spokesman Yao said the EU debt crisis will affect the whole of China's exports. .Meanwhile, the U.S. continued to put pressure on China, tough stance on the currency. .Stronger exchange rate will inevitably increase China's textile, clothing, footwear and toys, labor-intensive products such as the operating pressure. .Long been engaged in export trade, a source told the "Daily Economic News" reporter, Europe has more than debt crisis in the industry, exports of machinery and other products will also be significantly affected. .</ P> <P> Huo Jianguo, dean of the Ministry of Commerce told reporters yesterday, said the debt crisis of the European influence on our foreign trade is very serious. .Expected 5,6 months, or even the entire third quarter performance will be more obvious, I could export growth to Europe fell by 6% to 7%. .</ P> <P> profit margins, suppliers have shouted prices </ P> <P> "the euro fell sharply, the trade will have a great impact in China." Huo said, although from the data view, .exports to the EU has maintained a rapid growth, but this response there will be some lag, and the most affected will be the mechanical and electrical companies. .</ P> <P> yesterday afternoon, an Austrian machinery company procurement center in Shanghai by train procurement engineer Mr. Yue was rushed to the location of its suppliers for the RMB exchange rate against the euro continued to rise to comfort the hearts of suppliers. .Mr. Yue said his company purchased machinery products from China, denominated in Euro, due to continued appreciation of the RMB against the euro, these suppliers holding the RMB exchange euros less and less vendors shouting increasingly slim profit margins, even to the non- .earn money, the point where suppliers urged either in U.S. dollars, or to price increases will not be able to supply. .</ P> <P> "We usually negotiate prices and supply, that they will increase the proportion of a rate agreement, more than this ratio, we talk just like the supply." Mr. Yue told reporters, sometimes in order to increase the price, and .suppliers into fierce arguments, "but the exchange rate change is not a business or a procurement engineer can determine, we can only think of a better way to counter it." Speaking of the renminbi exchange rate against the euro continued to rise in status, Mr. Yue was done .global procurement under increasing pressure. .</ P> <P> part of the exporters in U.S. dollars </ P> <P> It is understood that the profits of machining products, generally around 5%, processing difficulty, high precision around 10%. .Ministry of Commerce spokesman Yao Jian 17, said that as of 14, the yuan against the euro has risen 14.5%. ."Even if all the access the high difficulty of processing the products, loss of suppliers but also about 5 percentage points." Mr. Yue said that while he would stand in the company's point of reasoning with suppliers, keep suppliers to secure price increases, but the level under the heart .to objective analysis, you will find the RMB exchange rate against the euro continued to rise, so that Chinese suppliers, "is really difficult to do." .</ P> <P> compared with Mr. Yue, Po Magnus (China) Construction Machinery Co., Ltd. Global Sourcing engineers in response to changes in the exchange rate of RMB against the euro will become much easier. .The company's global procurement engineer Zhu Weigang said they avoid the yuan against the euro continued to rise the risk of instability, even mechanical products exported to Germany, but also the implementation in U.S. dollars, in order to minimize the loss of the company and suppliers. .</ P> <P> Zhu Weigang said that for some non-entirely in China in terms of local procurement of parts, the exclusion of high strength bolts and other Chinese trade deal with the implementation of the EU tariff products, the RMB exchange rate against the euro continued to rise, .procurement costs of imported business has been reduced. .</ P> <P> agreed purchase price or adaptive </ P> <P> the face of the continued depreciation of the euro, the export-oriented manufacturers can switch to domestic sales? .Have such experience of the Shanghai Yi Shang Shang Jinkui general manager, said precision screws, mechanical and other industries, to think of it easy, but done in the final analysis of different business models is limited to the domestic development of export enterprises. .</ P> <P> Shangjin Kui said, the domestic export enterprises purchase order delivery cycle short, mostly small-volume multi-batch delivery, this delivery mode for some export enterprises whose main business is the .words, is often difficult to adapt. ."More realistic exchange rate is to be settled relatively stable dollar." </ P> <P> Shangjin Kui told the "Daily News" reporter, in the absence of prior experience in foreign trade, some euro-zone had given him a one-time buyers under the .orders for a year, and when the price is locked in a contract, the results continued appreciation of the RMB against the euro, the profit is getting low, sometimes even a loss phenomenon. ."Faced with this situation, we usually consider a long-term level of profitability, if there are profits to do the whole, even if they have to supply short-term losses. Without the customer, which means that the factory closed down." Yet at the same time .reminded the euro zone's foreign trade started his business, customers can not be achieved if the euro in U.S. dollars, the agreed purchase price, be sure to specify the price based on exchange rates adjust, "or, the more the more they lose. ."</ P>.