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Chinese Import Quota

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I was watching the channel 4 news earlier and say the report on Chinese import quotas. Apparently there are ships loads of clothes that are not being allowed into the country. This is because we have reached the quota set by the EU on certain Chinese imports.

This is potentially massive in terms of HPC.

What are the retailers going to do?

Sell no clothes = retail led recession = Helps HPC

Buy clothes from more expensive suppliers = higher prices = higer inflation = higher interest rates = Helps HPC

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Higher prices, more inflation.

With the increase in oil prices and the steady revaluation of the Yuan, the days of low inflation may well be drawing to a close.

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Guest Riser
Higher prices, more inflation.

With the increase in oil prices and the steady revaluation of the Yuan, the days of low inflation may well be drawing to a close.

Don't forget the new EU waste recycling laws which have been put on hold until early next year. The additional cost of administering the legislation has apparently resulted in 20 euros being added to the price of electrical goods and panic buying in Ireland where the the WEEE laws came into force last week.

The new law was also mentioned in connection with the glasses used in Bars and I suspect it may lead to increased prices in many different areas.

Edited by Riser

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Don't forget the new EU waste recycling laws which have been put on hold until early next year. The additional cost of administering the legislation has apparently resulted in 20 euros being added to the price of electrical goods and panic buying in Ireland where the the WEEE laws came into force last week.

The new law was also mentioned in connection with the glasses used in Bars and I suspect it may lead to increased prices in many different areas.

What are WEEE laws...? :huh:

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I was watching the channel 4 news earlier and say the report on Chinese import quotas. Apparently there are ships loads of clothes that are not being allowed into the country. This is because we have reached the quota set by the EU on certain Chinese imports.

This is potentially massive in terms of HPC.

What are the retailers going to do?

Sell no clothes = retail led recession = Helps HPC

Buy clothes from more expensive suppliers = higher prices = higer inflation = higher interest rates = Helps HPC

What about this one?

Forces retailers to buy locally, reduces trade deficit, employs previously unemployed, prevents HPC.

:D

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What about this one?

Forces retailers to buy locally, reduces trade deficit, employs previously unemployed, prevents HPC.

:D

Yeah, but it would cost the reluctant consumer five times as much, so not really an incentive to buy. Is it?

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If you can't import Chinese clothes anymore, they'll just import Chinese workers instead.

No. They will access goods from slightly less cheap countries such as India and Cambodia.

Most economic migrants tend to work in service industries such as hotels and the like.

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If you can't import Chinese clothes anymore, they'll just import Chinese workers instead.

What, so we can pay them chinese wages so they can pay chinese rents or buy chinese houses and afford chinese living costs........in the UK!?!!!

And we still get cheap pants!

Fvcking genius!

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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