Where Does The Global Economy Lag Behind And Where Does The Fur Industry Go?

Inflation is caused by the imbalance between supply and demand of total goods in society, that is, the supply of goods is in short supply, and the total supply has a strong response to the reduction of aggregate demand.

Inflation shows that the growth rate of social "hold rate" is faster than that of "holding rate".

Inflation is characterized by a general rise in prices, while wages remain unchanged or decline, and the real purchasing power of the society is decreasing.

This is actually not just inflation, but stagflation, that is, inflation and economic stagnation exist simultaneously.

The United States experienced stagflation in the 70s of last century, which led to a sharp decline in the standard of living of the people.

With the rapid fall of global oil and housing prices and the turbulence of capital market, commodity prices have seen their biggest decline in 50 years. When banks are unwilling to borrow abroad, the investment and production of enterprises will be reduced, social income will be reduced, a large number of workers will lose their jobs, and the economy will enter a stagnant or declining stage.

Experts believe that the laid-off workers, the negative growth of prices, the high debt ratio of enterprises, the "holding up" of investment, the slowdown in economic growth, the continuous reduction of bank interest rates, the shrinking of resource consumption, and the failure to make money, which are signs of deflation.

In the case of deflation, consumers expect prices to continue to fall, thereby postpone consumption, combat current demand, increase the real cost of capital during the investment period, and reduce the price of the recovery period, resulting in a decline in returns, thereby curbing investment.

This is seen as a sharp drop in housing prices in China, while people who buy houses are still waiting and watching.

The fur industry in China is more directly affected, and a large number of enterprises that rely on export survival are particularly prominent. In particular, foreign trade companies taking the Russian route either simply can not go out, or the goods go nowhere.

Many countries began to implement trade protectionism policies for their own real economy, and Russia is the most prominent one.

Under the double impact of the financial tsunami and the sharp drop in oil prices, Russian Prime Minister Putin immediately launched the "New Deal" to provide loans to large and medium-sized enterprises in Russia, provide state guarantees for loans, implement preferential loan interest rates, guarantee state purchase, conduct tax restructuring or provide tax loans and other means.

Putin also ordered many departments to closely monitor the flow of capital. In order to prevent speculative speculation in the rouble, Russia issued the "foreign exchange restrictions on commercial banks' order" in 2008 to control the flow of funds, which made many domestic fur enterprises, which rely on "gray customs clearance" to export Russia, suffer a lot.

Some enterprises export goods to Russia according to the order, not to mention Russia's reorganization of customs, to crack down on "grey customs clearance" and to detain illegal import goods, that is, when goods enter, Russian businessmen can not borrow money from banks, so domestic fur enterprises bear huge risks.

80% of domestic fur export enterprises rely on Russia to survive. This high dependency has brought a high risk rate.

Then, under the circumstances of global economic deflation, where should domestic fur enterprises go? We can consider from the following points:

Through various channels, we can learn that although Russia is experiencing financial turmoil, Russia's demand for fur in the past year is still very large.

Therefore, the Russian market still has great potential, but domestic enterprises need to change their import channels and try their best to go through the normal customs clearance so as to avoid huge losses.

Therefore, we must enhance and break through the quality, style, service and brand added value, so that we can have our own position in the Russian market.

So 20 years ago, many enterprises grew up by external processing, but this is not suitable for 20 years later.

With the gradual maturity of the market economy and the rapid development of international information technology, order negotiations can even be settled in the office through the Internet. Competition has become very intense. If there is no development strategy of multiple routes and multi-channel, you will find that the road is getting narrower and narrower.

It is worth noting that with the growing maturity of the domestic market, the demand for fur has been greatly improved.

Under the influence of the world financial turmoil, China's economy has not been seriously affected, and has contributed to stabilizing the world economy. This is enough to explain the maturity and stability of the domestic market.

Therefore, if there are conditions, enterprises should develop the domestic market as early as possible.

For many enterprises, this may be a bad news.

However, it is not always true that challenges often contain opportunities. Powerful enterprises can use raw materials prices to drop substantially to purchase raw materials and save a large portion of their funds for next year's production.

Economists believe that the duration of the economic crisis may be about one or two years, and optimistic estimates will be basically controlled in the second half of this year.

But this is only a worldwide analysis. From China's domestic situation, it should be more optimistic than other countries.

Because the Chinese government's control of the Asian financial crisis, SARS epidemic diseases, the handling of the Wenchuan earthquake, the successful hosting of the Olympic Games, and the impact of the US financial turmoil on China can all be corroborated.

But if anyone can stand in this wave and move forward, he is the "tide maker" of the times, otherwise he will be drowned.