S & P cut the U.S. sovereign debt credit rating has caused the global "stock market crash." Business people and economists here believe that the next step will trigger a global currency "devaluation race" the same concern. China's exports to the U.S. is difficult to get rid of "shock", the export release slow, the risk of underemployment enterprises should be early prevention.

Some companies and experts believe that the short term, due to the credit rating cut due to funding costs rising, the dollar may be the world except the euro, all other major currencies continued to weaken, resulting in global markets continued to intervene in currency markets to exports to China caused by obstruction from the long-term , the credit rating raised by the compression caused by the U.S. fiscal deficit, reduce the expenditure of the move will accelerate the pace of decline in U.S. imports, thereby making Chinese exports to the U.S. trade to slow further.

Customs statistics show that in 2010 bilateral trade worth $ 385.34 billion, accounting for 12.9% of China's total trade. Pearl River Delta, said foreign trade enterprises from a business perspective, the current U.S. debt rating cut the direct impact of the global capital markets, the the impact of foreign trade industry mainly through the indirect impact of the exchange rate to convey.

Guangdong University of Foreign Studies Research Center, deputy director of international trade Flying Harrier Shaw said S & P may cut U.S. debt rating this week on the fastest trigger further instability in global currency markets, who analysts believe that in the near future some of the currencies of emerging market countries appreciation of the dollar will continue to maintain momentum, which will lead governments to intervene, do not rule out such an intervention caused a certain degree of "devaluation race", and thus to impact China's export industry. "

From the current situation, the U.S. market and the customers and did not show a disordered state, the overall remained relatively stable. Export of household appliances DF Ketchen Group Weidong assistant to the president, said,U.S. customers pay their normal, stable operation of the market, there was no sign of volatility, generally giving the impression that the U.S. credit market is still strong.

Companies and experts generally believe that the U.S. debt rating cut for the long-term impact of China's export industry will focus on the U.S. market to further increase the difficulty of recovery on Shaw said Harrier fly, on the one hand, the U.S. debt financing costs will rise, pushing up interest rates is likely to At some point rise, thereby increasing the troubled company to raise the necessary capital more difficult. the worst case is the interest rate went up, the best situation is to gradually increase interest rates next year, but this will lead to slowdown in import demand of U.S. companies .

In addition, the U.S. government debt ceiling increase the cost of the next decade to reduce the deficit $ 2 trillion in U.S. government spending will inevitably compressed, which makes part of the U.S. market affected by consumer demand, thus making the already subject to pressure in China exports to the U.S. industry to some extent "worse."

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