www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Business

Agricultural exports hit rouble barrier

By Mu Chen and Liu Ce | China Daily | Updated: 2014-12-20 08:10

The falling value of the rouble and the ongoing financial woes in Russia will bring more risks toChinese exporters, industry sources said on Friday.

Agricultural businesses in Northeast China are likely to be the most affected as the region recently clinched a flurry of export contracts after Russia imposed trade restrictions on farm produce from the European Union and the United States earlier this year. Most of these firms now face daunting prospects of selling at a loss or not selling at all, the sources said.

A spokesman for the foreign trade bureau in Liaozhong county near Shenyang, capital city of Liaoning province, said: "Since most of the export contracts are settled in roubles, Chinese companies face the risk of incurring considerable losses due to currency depreciation."

Liaozhong inked several deals in September to supply Russia's Far Eastern region with fruits and vegetables, with most of the shipments set to start next year.

According to the spokesman, most of the exporters may defer the shipments, especially if the rouble does not recover lost ground, as they may incur steep losses.

Among the prominent deals that appear to be in trouble are the 800 million yuan ($129.03 million) deal signed by Shenyang Weiyun Fruit Co Ltd to supply apples.

Meng Xianwei, chief executive of Weiyun Fruit, said exports to Russia account for more than half of the company's business. He, however, said that his company has not been affected till now as the contract is yet to come into effect.

"We are very concerned about this (the rouble depreciation) and if the currency continues to depreciate, we may have to seriously reconsider our strategy," said Meng.

The rouble plummeted to 67 per dollar on Tuesday before recovering to around the 60 mark earlier on Friday, losing nearly half its value against the dollar this year.

Some exporters have already felt the chill.

Yang Baoguo, a sales manager at the Heilongjiang-based Suifenhe Baofu Economic and Trade Co, said that Russian orders for garments stopped around a month ago, while orders for vegetables have fallen by nearly 50 percent.

"Our business has been slumping this year due to the weak economy in Russia. But, since last month the situation turned from bad to dire," he said. "There is nothing that we can do about it, but wait for the rouble to recover."

 

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 欧美黑粗特黄午夜大片 | 国产精品成人久久久久 | 51久久夜色精品国产 | 91热久久免费频精品动漫99 | 99久久精品免费精品国产 | 国产精品成人不卡在线观看 | 国产在线一区二区三区 | 亚洲天堂2018av | 精品国产一区二区三区国产馆 | 国产欧美精品一区二区三区四区 | 免费一级欧美片在线观免看 | 87精品福利视频在线观看 | 毛片在线高清免费观看 | 欧美一级纶理片免费 | 97精品国产91久久久久久久 | 亚洲偷偷自拍 | 国产精品亚洲欧美云霸高清 | 午夜看片网站 | 中文字幕在线看视频一区二区三区 | 欧美精选欧美极品 | 日本精品一区二区三区视频 | 亚洲成人偷拍自拍 | 精品丝袜国产自在线拍亚洲 | 中文字幕一区二区三区免费视频 | 久在草视频 | 国产精品美女久久久久网站 | 亚洲制服丝袜美腿亚洲一区 | 米奇色网| 99国产精品视频久久久久 | 精品亚洲一区二区 | 国产成人刺激视频在线观看 | 国产亚洲人成网站观看 | 欧美性猛交xxx免费看人妖 | 美女被免费网站在线软件 | 亚洲精品国自产拍在线观看 | 国产在线观a免费观看 | aaaaaa级特色特黄的毛片 | 性成人动作片在线看 | 黄a在线| 亚洲爽爽 | 国产精品成人一区二区 |