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China'S Inflation Has Affected Imports Of Clothing Such As The United States.

2011/1/17 10:00:00 70

China Inflation American Economy

Many buyers will be shocked when New York's clothing buyers rush to China next month to attend the trade fair to discuss the fashion trend of next autumn.


"This winter, they will be able to buy only 35% less goods than they did at this time last year, especially fur coats and cotton sports coats," said Model, chief executive of a fashion design company. "American consumers will certainly see the price rise."


  

Inflation

Already arrived

China

After the Central Bank of China released important financial data on Tuesday, few economists predicted that officials in Beijing could control rising prices in the near future.

As a result, Chinese importers of the US will feel pressure, but this will have little impact on US consumers.


There are many steps in the generation of inflation - from pportation to sales staff salaries - which affect the retail prices of Chinese goods in the United States.

Excluding these steps, imports from China are equivalent.

American economy

2%.


It is China that has a greater impact on consumers.

As China's rising economy encourages more residents to buy goods from factories, Chinese consumers can feel the inflationary pressure directly.

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