Dubai, A Crisis Response Anji Furniture Enterprises Stride - Furniture, Dubai - Household Products

November 25, the United Arab Emirates Dubai Government announced the largest reorganization

of its holding company entity, "Dubai World", the latter's debt repayment requirements will be suspended for 6 months. Message 1, the global stock markets, foreign exchange, gold lookout and down. For a time, diffuse global panic.

Known as the "gateway to the Middle East" in Dubai, is Anji chair industry in the Middle East's largest trade center and export transit point for Middle East market. Crisis, how Anji chair products are affected, how to control risk. Some business owner's connection.

"I heard a lot of companies in Dubai with branch chiefs have been driven in the past dealt with, I am also prepared the recent past." Yesterday morning, the interview, the first county to establish a branch in Dubai Dingli Furniture Person in charge of SCM that, despite the crisis caused by the real estate industry, and its related Furniture Industry will also be affected, but we are still in Dubai and the Middle East market is optimistic.

It is reported that foreign economic and trade bureau in the county record of Anji chair industry enterprises set up branches and offices in Dubai, there are four companies, and through other channels set up branch offices in Dubai Anji companies have more than 10. Foreign trade data, as of November, the county in the region exporting 4.16 million U.S. dollars export value, showing a high increase of 56.2%.

Dubai as the Middle East's largest re-export market, and Anji chair industry in the Middle East transit point for exports, the establishment of branch offices in Dubai bear the brunt of the worst affected. Dingli furniture Dioxide said that in February 1.5 million U.S. dollars registered in the Dubai office has been set up to maintain good operation. Real estate debt crisis led to lay-off caused by a short vacuum furniture consumption, will affect the chair a branch in Dubai, industry enterprises, but because of all cash transactions, and Financial Contact smaller organizations, less impact on the whole, optimistic about the market.

Interview, a number of industries in Dubai official said Anji chair and hold the same view of SCM. They believe that only the region with Dubai real estate and tourism-oriented, the other five emirates to Oil Led to the crisis will not spread to the entire region.

The County relevant person in charge of foreign economic and trade bureau said that the debt crisis is only a Dubai company behavior, indirectly affecting the furniture industry is not large, but more than 400 million dollars a year exports are only about a medium-sized county The chair industry output value of export enterprises, will not affect the overall situation.

The face of sudden crisis, Dingli furniture company with branches in Dubai, responsible persons, rushed to Dubai. "Because the amount of orders the next short period of time will be reduced in inventory, raw material procurement, production planning to do both adjusted accordingly to avoid unnecessary losses." Dioxide that is the best way to wait on the Middle East optimistic about the future of the overall development is our main reason for optimism. Coincidentally that Jiarui Fu, Great Middle East markets such as trade relations with the chair industry enterprises have also expressed the same view.

by: gaga

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