[The Financial Times reported on September 22nd] Have you ever heard that China can read the news that China has grown into a world manufacturing power? Do you know that China now almost completely controls the world umbrella product market?
In 2010, exports of Chinese umbrellas, crutches and whip products exceeded US$2.4 billion, accounting for more than three-quarters of the world's export share, and this proportion is still rising.
What about the weaving and knitting industry? Until the first half of the 20th century, they belonged to the traditional Italian industry, and now China accounts for 70% of the world's exports, and the whole world depends on China. Although unlikely, it is assumed that once China withdraws completely from this market, Italy will not be able to save it. After all, it is only 21st in the world weaving industry.
The wig industry is another covert example of China's embeddedness in some of the unexpected industries. China occupies more than two-thirds of the world's exports of wigs, bird skins and fake flowers. Once China stops exporting, it will hit the United States and Japan the most, because they are the destination of most Chinese exports. Once Hong Kong, which accounts for 10% of the world's exports, withdraws from the market with the Chinese mainland, the problem will undoubtedly become more serious. In this case, the world will have to rely on India and Indonesia to find innovative solutions to stimulate the export of fake flowers and wigs. The total exports of the two countries in 2010 are only roughly one-tenth that of China.
If the silk industry is facing threats, the world's response may be timely, because although the export of silk fabrics in Italy and India in 2010 has shrunk under the strong growth of China, the output of both countries still exceeds. 10% of the world's total production.
Although China accounts for almost half of the world's hat exports, some countries, including the United States, Italy, Germany and France, account for 2%-6% of the world's total cap exports, we should not have no hats. Can be worn.
Infants and young children should not be affected too much, because the United States has already accounted for 8% of the world's toy exports. And this may give Germany an opportunity to restore its former glory. It was a shining star in the toy production industry from the 19th century to the beginning of the 20th century. Today, its toy exports account for only a little more than 7% of the world, ranking fourth in the world.
Are these really important? Maybe not important. But this shows how much the world is dependent on Chinese manufacturing in many industries that we don't even realize. (Source: Xinhua International)
In 2010, exports of Chinese umbrellas, crutches and whip products exceeded US$2.4 billion, accounting for more than three-quarters of the world's export share, and this proportion is still rising.
What about the weaving and knitting industry? Until the first half of the 20th century, they belonged to the traditional Italian industry, and now China accounts for 70% of the world's exports, and the whole world depends on China. Although unlikely, it is assumed that once China withdraws completely from this market, Italy will not be able to save it. After all, it is only 21st in the world weaving industry.
The wig industry is another covert example of China's embeddedness in some of the unexpected industries. China occupies more than two-thirds of the world's exports of wigs, bird skins and fake flowers. Once China stops exporting, it will hit the United States and Japan the most, because they are the destination of most Chinese exports. Once Hong Kong, which accounts for 10% of the world's exports, withdraws from the market with the Chinese mainland, the problem will undoubtedly become more serious. In this case, the world will have to rely on India and Indonesia to find innovative solutions to stimulate the export of fake flowers and wigs. The total exports of the two countries in 2010 are only roughly one-tenth that of China.
If the silk industry is facing threats, the world's response may be timely, because although the export of silk fabrics in Italy and India in 2010 has shrunk under the strong growth of China, the output of both countries still exceeds. 10% of the world's total production.
Although China accounts for almost half of the world's hat exports, some countries, including the United States, Italy, Germany and France, account for 2%-6% of the world's total cap exports, we should not have no hats. Can be worn.
Infants and young children should not be affected too much, because the United States has already accounted for 8% of the world's toy exports. And this may give Germany an opportunity to restore its former glory. It was a shining star in the toy production industry from the 19th century to the beginning of the 20th century. Today, its toy exports account for only a little more than 7% of the world, ranking fourth in the world.
Are these really important? Maybe not important. But this shows how much the world is dependent on Chinese manufacturing in many industries that we don't even realize. (Source: Xinhua International)
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