2008-5-26 10:19
jooyaoo
The down-turn US market!
The mother of crisis, sub-prime problem has affected <a href="http://www.EasyTrade.com/">US economy and market</a>, also extended to worldwide market. Most large-size financial institutions have reported the loss or write-off since first quarter of 2007. The US people are facing the negative equity from their dropping property price. So they are NOT able to spend as much as before especially those have returned their houses to the banks.
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I think the sluggish US market will affect <a href="http://www.EasyTrade.com/">China export</a> volume. The small manufacturers and trading companies should develop the other new markets, like South America, Middle-East, African markets. However the buying power of <a href="http://www.EasyTrade.com/WorldBuyer">US importers</a> still exist. They would examine your product quality and price more detailed than before. So 2008 will be a tough year for those companies who are selling to the US market.