The fastener imports and exports of Jiaxing city totaled $452 million in the first half of 2013, with exports down 21.43% to $414 million and imports down 27.97% to $11 million. The slump of Jiaxing fastener exports in the first half of this year should owe to the global economic downturn, the trade friction as well as the weakening export advantage of Chinese companies.
Jiaxing Fastener Exports Highlights:
1. Exports to the main markets weaken. (…)