Yesterday, reporters learned from the City of Economic Investigation Team, the boss of a company called TSM Trading Co., Ltd. to reflect the police, the company has basically paid the arrears in Yiwu market in January last year. If there is anyone who not get the money from this company, can reveal to the Economic Investigation Team to understand the situation, go to the company to obtain payment.
The name of the registration certificate of TSM Trading Co., Ltd. is Timsam Trade Co., Ltd. Yiwu office, the boss Belhaouaneraouf Tunisian businessman. It is understood that in the January 20, 2011, as the company’s chief representative Belhaouaneraouf but then the market supplier Bierbuxian owed more than 1500 million after payment of the market traders departure.
In mid-May this year, Belhaouaneraouf return to Yiwu, with translation, counsel to the Economic Investigation Team. The Tunisian businessmen, police said, when payment arrears merchants is because of the instability in their own country, the banks all closed, resulting in unable to pay. For the return Yiwu, he was ready to set up a new company, once established offices immediately to the Economic Investigation Team for the record.
In late January last year, TSM Trading Co., Ltd. boss chose departure from claiming back to Tunisia in order to raise funds. In December, the Tunisian political mutation, the boss will be in vain. This time, the owner of TSM willing to return to Yiwu paid was owed money for their trading businesses, in the midst of sadness. However, in the fortunate at the same time, the reporter reminded that the majority of businesses still have to do a “lessons learned”, can not be taken lightly.
Combined with experience in previous years, the Economic Investigation Team, said police, TSM Trading Co., Ltd., part of the trading companies, often happens to “run away” and then “turn back” the phenomenon of Yiwu. According to statistics, some of the trading company of such a phenomenon of more than 3 times. This reporter has learned that companies specific to the existence of such behavior are as follows: Sudan Haba Allah and Ardennes; Iran Madeleine trading company; International Pioneer Trading Company (located in Times Square, and person responsible for Mr. Lee).
To this end, the police reminded the majority of businesses in dealing with buyers, a lot of pay attention to eye, it is best to take the cash transactions, or at least receive a 30% deposit, as far as possible to reduce business risk.
Champions League start of the market “very calm”
June 9, 2012 European Cup kicked off in Poland. But reporters found that, although some time ago the sports product orders from Europe are also considered, such as about to Yiwu market traders generally reflect the overall picture is far better than the 2010 World Cup in South Africa.
Jersey sales this year is not good, old customers back to a single, very few, not to mention the new customers. “June 6, International Trade City market on the second floor in the sporting goods area, a shop owner in the face of a reporter’s consulting, helpless sigh.
According to the boss, his factory long-term production of the jersey, football scarves, football socks, and other commodities, and major exporting countries of the European Cup this year, one of the host country Ukraine. “I and the Ukrainian foreign has 13 years of business dealings. This year’s European Championship of Ukraine or the host, so the second half of last year, I started for this year’s European Cup stocking in accordance with the purchase cycle, in November last year, when the Ukrainian side began to come under the orders, but in fact, orders for November and December last year, no increase in the number of customer orders than in previous years even less. “he said, although 80% of Ukraine jersey are imported from China However, since Ukraine’s currency devaluation in 2008, his longtime Ukrainian businessman placing an order cautious lot.
Franchise football super-Wei sporting goods firm, the boss floor, House Shun told reporters that this year, then their home football is not large orders. European Cup held in our football sales ‘impact’. “A franchise football trophy merchants also said that probably by the drag of the debt crisis in Europe, their home business is not good.
However, the reporter found that the 2012 European Cup will be held substantially driven by the countries flag on sales of products in Yiwu market. Lu Po franchise flag in the three districts, market products, he told reporters that since the end of last year, he received orders from foreign countries increased substantially. “As far as I know, the products of foreign-flag away from us, most of them sold to the various bars of their respective host countries.” Lu Bao said.
Jiangdong electricity supplier “sweep” nearly 100 booths
Yiwu E-commerce and network Commodities Fair (hereinafter referred to as the “2012 Net Fair”) will be open tomorrow. Compared with the previous network Expo 2012 Net Fair attracted a lot of new group units registered for the exhibition, Yiwu Jiangdong Street, E-Commerce Association, the Electronic Commerce Association of Yiwu west streets, the Yiwu express logistics industry associations, Cixi City, network operators Association and other industry associations are actively preparing for the show.
”Yesterday, our association members would like to enroll in special fair, now home appliances supplier in the final sprint for the exhibitors.” June 5, Yiwu west streets e-commerce Association, GONG Jian Wei was busy with a few household appliances supplier communication The exhibitors matters. GONG Jian Wei told reporters that this year is the Association organize enterprises Baotuan participate in special fair hope that the final preparations for exhibitors perfect.
Our association, a total of more than 20 home appliances will debut the network Fair, including network operators, warehousing, logistics, photography and other types of enterprises and industry engaged in the sale. “GONG Jian Wei introduced, the Association to organize a delegation, unified image of the external publicity more attractive to the attention of visitors. In addition, the 2012 special fair for network operators an excellent opportunity to find distributors, third-party service providers.
Jiangdong street, Yiwu E-Commerce Association, more than 50 member electric providers will be “swept” nearly 100 booths of the 2012 Network Expo, where more than 50 booths with special equipment. At home to participate in the special fair to greatly reduce exhibition costs, so this special fair, the network operators to participate in the enthusiasm of our association is still very high. “Yiwu Jiangdong Street, E-Commerce Association Secretary-General Liu Gao frankly, the Association will organize the network operators to the exhibitors Guangzhou, Chengdu, Shanghai, Hangzhou and other places, except for the booth fee, accommodation, travel expenses are also spending a small fortune to participate in the special fair in Yiwu, each booth can at least save the cost of 3,000 yuan.
It is reported that, in addition to the daily necessities, clothing, food, Northeast native northeast handicrafts are Yiwu Jiangdong Street E-Commerce Association’s to exhibit the highlights, then northeast Mouth “will be on hand for the show to add to the fun.
Saudi Arabia and other short-term trade lower risk of re-exports the risk of showing a diversity
Recently, the Municipal Bureau of Commerce and China Export Credit Insurance Company Yiwu Marketing Services Division jointly organized the first phase of Yiwu export risk information conference, export credit insurance risk data for January to April, the risk cases and the business focus on the risk analysis .
Conference, SINOSURE million export enterprises to the country, nearly one hundred billion U.S. dollars of export insurance data samples, announced some of the export risk information and data, including Chuxian rate and the dangerous condition of the amount of the amount of the first quarter of last year and this year’s top 20 country, the dangerous condition amount rank of each industry and country-specific risk analysis. Risk information, not only allow export companies to avoid risks in advance, and make export enterprises for an important business opportunities.
The first quarter of enterprises in Zhejiang
An increase of 40% reported loss amount
By the global financial crisis, a payment dispute between the city’s foreign trade enterprises and foreign buyers is rising. China the ECIC Zhejiang branch data show that the first quarter of this year, enterprises in Zhejiang (excluding Ningbo) reported loss amounted to $ 85,000,000, an increase of 40.1%. In addition to North America declined slightly in other regions showed significant growth. The debt crisis is most serious in Italy, Spain, France, Greece and Portugal and other euro area countries reported losses year on year increasing at an astonishing rate, especially the amount of damage has been reported in Italy and Spain account for 2/3 of the amount of reported loss of all European countries.
According to the China Export Credit Insurance the Yiwu marketing services manager closed Swagelok analysis, from January to April this year, close to the export trade association of the Jinhua area countries, Japan, Russia, Saudi Arabia and Ukraine trade risk is declining, while South Korea, the United Arab Emirates Brazil, Australia, Iran, the United States, Canada and other countries and regions, trade risks are on the rise.
Saudi Arabia, Ukraine and other countries
Reduction in the risk of short-term trade
”Saudi Arabia, for example, from January to April this year, China’s exports to Saudi Arabia, $ 66,650,000, an increase of 83% in the export rankings in column 19. The amount of reported loss of the Saudi buyers fell 53 percent, reported loss number of cases decreased by 21%. This shows that China’s export prospects in Saudi Arabia is still quite good. In addition, Saudi Arabia and the complementary nature of our export products, we need Saudi oil and Saudi Arabia also need some of our other products and Saudi Arabia, unlike other countries in the Middle East as the money, but overall the outlook is still good, personally recommended to our export enterprises have increased their market development efforts of Saudi Arabia. “closed Swagelok analysis.
, Ukraine to benefit from the European Cup held in the short term, the exports of Yiwu some help, but taking into account other risk factors, export enterprises still remain cautious. Objection to the trial of former President Tymoshenko, Europe 26 countries politicians have made it clear not to visit Ukraine and threatened to boycott the European Cup. In addition, the foreign media is also expected that in 2012 Ukraine will face a debt of $ 11.9 billion, of which 5.3 billion to repay in foreign currency, any fluctuations in the foreign exchange market will cause the swing of the national economy. June, Ukraine is also required to repay the the Russian VTBCapital company loan of $ 2,000,000,000, and nearly 500 million Eurobond.Yiwu companies, the European Cup to the Yiwu market has brought tremendous business opportunities. But in view of Ukraine is currently facing economic difficulties, it is recommended that the export enterprises, it is best not to credit operations.
The relevant data show that, except Saudi Arabia and Ukraine, Russia, Japan and other countries’ trade risk year have declined.
Re-exports
Compared to Saudi Arabia, belong to the Middle East United Arab Emirates Trade risk. During the same period, the amount of reported loss of the UAE buyers rose by 56 percent, the number of cases reported loss increased by 142%. Analysis of the reasons is that the rise in the risk of Iran’s import and export trade. EU countries and the continuing U.S. economic sanctions against Iran, and Iran’s domestic currency devaluation, the surge in Iran’s export trade risk. “At present, export credit insurance has been suspended on Iran’s export trade insured project, some buyers turn to the UAE re-exports of goods to Iran, because exports to the UAE remains good, and this is the United Arab Emirates reported loss cases rising main One of the reasons therefore, in the export trade of the United Arab Emirates, export enterprises is best to ask the goods direction, to reduce the risk of the trade. “closed Swagelok reminded export enterprises in Iran, Greece and other high risk countries export goods, the credit business there is considerable risk.
In the country as one of the important international entrepot trade region, Hong Kong, apparently facing the same dilemma. January to April, Hong Kong companies reported loss amount fell 25 percent reported loss the number of cases rose by 25%.“Despite the reported loss amount on the decline, but in fact, since the financial crisis, Hong Kong has been the hardest hit by the reported loss of export credit insurance. Restrictions by the local population, Hong Kong’s domestic demand is limited, the majority of products are exported to Hong Kong re-exports to other countries and regions affected by the global financial crisis, international buyers ability to pay the affected case would lead to a lack of ability to pay for some Hong Kong middlemen, so that an increase in the likelihood of default by the Hong Kong middlemen. closed Swagelok told reporters, “I met a case, Hong Kong brokers with foreign buyers signed the contract, the goods of the defect rate of more than 5%, the buyer can be a full return or refuse payment. brokers can not receive payment and refuse payment to the export enterprises, which lead to local export enterprises is very passive, but also very innocent, because it contracts with brokers is no problem. In fact, this type of case the past two years is definitely not the minority. “due to the re-export the particularity of the Hong Kong middlemen usually with domestic manufacturers and foreign buyers were signing the contract, even if our domestic producers and middlemen contract may also be involved on a breach of contract and lead to the occurrence of payment arrears.
“Piano Prince” Richard Clayderman Performs in Yiwu June 23
When: | Jun 23, 2012 20:00 |
Where: | Yiwu Meihu Stadium, 299, Binwang Lu, Yiwu 义乌市宾王路299号,义乌梅湖体育馆 |
Price: | 888, 1288, 2088 RMB for seats near the stage and 388, 588, 788 RMB for seats on stadium stand |
Famous French pianist Richard Clayderman will perform at Yiwu Meihu Stadium on June 23. Clayderman, who was the first foreign pianist to perform in China over 20 years ago, has become a household name among classical music enthusiasts in China, with concerts held in various Chinese cities almost every year. His popularity is not limited to China: he has sold over 90 million records worldwide and has achieved 90 platinum records.