China Has Lost The Opportunity To Export Commodity Prices
Pakistan's "dawn" reported on August 4th, "China's price" means "the lowest possible price". Over the past ten years, global commodity prices have gradually decreased, and China has made important contributions to this.
For exporters all over the world, the threat of the past is becoming an opportunity because of the appreciation of the renminbi.
The appreciation of RMB has provided important opportunities for Pakistan's commodity exports: first, because of the increase in China's textile production costs and the decline in export competitiveness, some textile manufacturing enterprises have gradually shifted from China to Vietnam and other countries, and Pakistan's textile export opportunities have increased.
Second, the appreciation of the renminbi will lead to an increase in China's import demand, and the opportunity for Pakistan to export to China will increase.
In addition, China has a huge traditional medicine market, and China will import large quantities of herbs and plants from Pakistan to explore the possibility of establishing a traditional Chinese medicine production plant in Ba He capital.
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