A new round of inflation in the United States has formed. How will Chinese foreign trade companies face the future US market?

The latest CPI announced by the United States rose 4.2% over the previous year. According to global financial analysis, when a country’s CPI exceeds 3%, the country enters inflation, and when it exceeds 5%, the country enters a period of economic recession caused by inflation.

The US government recently released tens of trillions of dollars to the public for free in order to stimulate the market. This will stimulate the people's strong desire to buy in the short term, but the consumption habit of Americans is to consume in advance, not planned consumption. So after this round of stimulus, the market will face a surplus of products for a long time. The result of this is that the prices of products will continue to fall, the purchasing power of the people will become weaker, and the pressure of life will increase.

China is the largest producer of the American consumer goods market. Once the United States enters a period of uncontrollable inflation, the U.S. market’s purchases in China will continue to decline. Companies that mainly export to the U.S. market should pay special attention to changing the product structure and gradually changing the direction of sales. Take the drinking glass factory as an example.

The Chinese water cup factory, which mainly exports to the US market, tried to control not to expand its production scale during this period, but instead developed more cups with different market needs, and gradually entered other markets through the industry advantages accumulated in the US market.

At the same time, the water cup factory should carefully develop new products for the American market, strengthen cost control, and reduce production costs through scientific management.

Dongguan Zhanyi Commodity Technology Co., Ltd. mainly produces stainless steel water cups and plastic water cups, and undertakes OEM and OEM of water cups for the world.

Our company strictly abides by the industry's international standards, all materials need to have world food safety certification, and all production links implement product inspection systems. Global buyers are welcome to visit our official website, and we will have professional customer service staff to provide you with services online.