Posts Tagged ‘ exports ’

India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
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An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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India Hopes to Grow Despite Europe’s Declining Economy

February 7, 2012
By

An International Monetary Fund official stated that the continuing struggle of Europe’s economy is likely to impact other economies, such as India, just as it affected private investment. “I think it is also clear that in India, as in other economies, demand for exports would certainly be hit, and certainly for India, we’ve already seen effects on private investment,” said IMF Director of the Asia-Pacific Department Anoop Singh. “My sense so far is that the financial effects on Asia...

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Global Sources Says That Rising Chinese Prices Drive Away Buyers

January 24, 2011
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Global Sources Says That Rising Chinese Prices Drive Away Buyers

Global Sources conducted a survey of 385 business buyers. According to the survey, a majority of purchasers pay prices that are too high for Chinese products. Chinese exports are losing their competitive edge against lower-cost countries, especially for low-price goods. Sixty-eight percent of those answering the survey said that the yuan’s appreciation has changed their sourcing strategy regarding Chinese goods. One-third of respondents predict that the yuan to will rise to 6.5 to the U.S. dollar during the next...

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