A survey released by the Korean Commercial Conference (Korean Chamber of Commerce) showed that more than 30 % exported to China that the company's performance was affected by China's economic instability.
According to the Yonhap News Agency, the Korean Chamber of Commerce issued a report on Wednesday (August 30), which was released on Wednesday (August 30), saying that China's real estate crisis, domestic demand consumption shrinking, industrial production and exportsUnstable factors such as non -stimulating factors have a direct or indirect impact on Korean companies.
The Chamber of Commerce conducted a related investigation to 302 Korean companies in China. 32.4%of the interviewed companies answered sales performance and other aspects.When it lasts, the company's performance will be adversely affected.
The main factors that companies believe that the main factors affecting performance include the decline in sales of consumer products in China (42.7%), components and materials such as decline (32.7%), and the performance of local legal persons (16.6%).The most worried Chinese economic instability factors include the sluggish consumption (33.7%) in China, the weak production (26.7%), the long -term (20%) of Sino -US trade disputes, the tedious customs clearance process, and the improvement of trade barriers (19.6%).
37.7%and 14.7%of the company answered that the current performance is not as good as the target at the beginning of the year.As for China's economic prospects, 79%believe that the state of downturn will continue.The main reasons are industrial production sluggish (54.5%) and consumption continued to shrink (43%).As for the response plan, 29.7%of the Korean companies answered new sales, 6.3%answered the migration of production facilities to third countries, and 18.7%answered that they seek diversification of products in the Chinese market, and 20%answers to increase price competitiveness.
