Analyze the impact of the current situation in West Asia and North Africa on the orders of China's mold enterprises

The turmoil in West Asia and North Africa has had a negative impact on China's manufacturing industry. According to the China Die and Mold Association, a few companies reported that orders had been cancelled since April. At the 109th Canton Fair, buyers from West Asia and North Africa were significantly less, and Egypt even experienced negative growth. This has a greater impact on SMEs, especially those focused on the Middle East or West Asia and North Africa markets.

According to statistics, the 109th session of the Canton Fair in Russia, India, and Brazil is relatively stable. Japan, North Africa and the Middle East have a certain number of buyers coming to China. Overseas buyers are expected to reduce by 3%-5% compared with previous years.

A person in charge of a mold company in Shandong said that several Middle Eastern customers who had previously made appointments did not come, but it was in South America and Brazil that many new customers came to consult products. Although the overall number of people in Africa has continued to increase slightly, the decline in the number of people from Egypt can be seen as a drop in the number of purchasers in the turbulent regions.

In addition, according to news from Chengdu Customs, Sichuan exported 17,000 LCD TVs in the first quarter of 2011, a significant 81% decrease from 2010. Industry analysts believe that this situation is related to the earthquake in Japan last month, because Japan's dominant domestic industries such as semiconductor chips and LCD panels were severely damaged by the earthquake.

Experts believe that the Japanese mold will face five major issues - to shorten the delivery time, reduce manufacturing costs, improve the quality and accuracy of mold, labor shortages and to meet the challenges of the above mold countries. The earthquake has added to this situation. Many mold manufacturers in Japan have transferred their foreign investment in equipment reduction to post-disaster reconstruction. In the future, the growth of Japanese plastic molds, powder metallurgy molds, and die-casting molds will have uncertainties, while stamping molds and forging molds will tend to decrease.

The current need to be vigilant is that international hedge funds and capitalists are making public opinions, exaggerating losses, and taking the opportunity to withdraw funds. This will have a serious impact on the development of the global economy. If Japanese capital is pumped away, global industrial associations will be very large. The impact.