16 Countries Become The Successor Of China'S Garment Industry
< p > China's economic growth is slowing down, and some Chinese enterprises are also facing challenges.
Britain's 13 daily report said that the current slowing down of the economy has exposed a href= "//www.sjfzxm.com/news/index_c.asp" > raw material < /a > the high debt problem faced by the industry. Only coal and aluminum enterprises have more than 490 billion dollars (2 trillion and 900 billion yuan) of debt. Some enterprises are forced to default on their debts and even collapse risk. "The href="
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< p > recent data show that China's economy is steadily advancing. However, in 2009, the investment boom, which was stimulated by government policies, became colder, and economic growth declined for the 9 consecutive quarter. Banks also tightened loans to enterprises. This series of changes exerted great pressure on enterprises.
"We do see some liquidity and other problems from some of these enterprises," said Jin Ande, director of the Asia Pacific Resources Research at CLSA, "which may occur in the next 12 months."
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< p > reported that coal enterprises, once favored by the market, are now in a state of decline.
Since 2012, nearly 90% of the profits of listed coal enterprises in the mainland have declined, and the total industry profits have reached the lowest level in five years.
The new coal mine has been put into production continuously, and the import of coal has only increased.
Some companies even have to pay wages or borrow money from banks.
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According to Thomson Reuters data, the median debt to equity ratio of listed coal companies rose by 15% to 55% compared to last year's P.
The aluminum industry and steel industry are even less optimistic. The median debt to equity ratio is 121% and 113% respectively.
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In the face of such difficulties, some enterprises, especially small enterprises that are hard to borrow, have turned to the bond market. P
The 9 coal companies total 13 billion yuan from the bond market, of which six will pay more than half of the proceeds to repay debts.
For small and medium-sized enterprises, less regulation and more trust funds have become the choice of more and more enterprises.
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< p > according to a report issued by the US global geopolitical weekly Stratfor global intelligence, China's economic downturn and change mean that China is at the edge of a "low wage and high growth" stage, which will help 16 countries to successfully enter the global manufacturing industry, especially the "a target=" _blank "href=" //www.sjfzxm.com/ "clothing" /a "industry.
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< p > Stratfor says these 16 countries are heirs to China. In Latin America: they are the Republic of Dominica, Mexico, Nicaragua and Peru, in the India ocean basin. They are Ethiopia, Kenya, Tanzania, Uganda, Bangladesh, Sri Lanka, Indonesia and Indonesia, and they are Laos, Vietnam and Vietnam in the vicinity of the South China Sea.
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< p > according to the report, < a href= "//www.sjfzxm.com/news/" > garment manufacturing < /a > is a highly competitive field demanding low wages, but it provides employment for many people.
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< p > these 16 countries have just started their development cycle, and the < a href= "//www.sjfzxm.com" > garment industry < /a > is growing.
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< p > the report points out that these 16 countries are not just forecasts, but a list of countries that may develop significantly at a stage, especially in the clothing industry.
Because their wages are low, it is less developed countries, manufacturing industry has a significant growth opportunity < /p >
< p > these 16 countries may become China's successors. This is a historical period that no era can avoid.
When the garment manufacturing industry of these 16 countries is developing rapidly, what kind of trend will it be faced with as the most powerful and powerful Chinese a href= "//www.sjfzxm.com" and the garment market /a?
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