100% Polyester Sewing Thread 840D/3

Product Name:

polyester embroidery thread

Characteristics:

Polyester embroidery thread is made of polyester filament. The thread is of good glossy effect, low friction, uniform twist, low breakage and low chromatic aberration.

Product types: 108D/2, 120D/2, 150D/2, 150D/3.

Affected by the severe epidemic situation and other factors, the Federal Reserve unexpectedly announced a 100 basis point cut in interest rates on Sunday, and launched a $700 billion quantitative easing program, which scared the global market and failed to save investor confidence. On March 16, the U.S. stock market opened sharply lower, the Dow fell about 2200 points, and technology stocks, oil stocks and medium cap stocks fell sharply. The S & P 500 fell 7%, triggering a third meltdown this month. Trading resumed 15 minutes after the market closed, and US stocks continued their downward trend. The S & P 500 index is down 9.3%, the Dow is down nearly 12%, and the NASDAQ is down 11.6%. Boeing fell more than 20% and delta fell 16.63%. Stocks in the U.S. fell, with Alibaba down 8.7%, JD down 14.23%, baidu down 10% and pinduoduo down 9.8%.

On the same day, Brazil's ibovespa index opened down 12.5%, triggering a fuse. The New Zealand Federal Reserve, the Hong Kong Monetary Authority, the Macau monetary authority and the Central Bank of the United Arab Emirates have also followed up with interest rate cuts

A new round of financial crisis is imminent?

With the US stock market fusing so frequently, and with the central banks following up the interest rate cut, more and more people begin to worry about the future economic development, and even some people are pessimistic that we are on the brink of the new financial crisis.

Is it true? Financial scholars said that when the US stock market fell by more than 50% and a large number of financial institutions collapsed, it could be regarded as a financial crisis, but now it is far from that, so you don't need to panic too much.

Although the current epidemic situation has had a certain impact on the economy of various countries, it is still mainly reflected in the middle of the industrial chain and the end consumption, and the impact on other aspects has not been reflected. Moreover, with the continuous promotion of the process of manufacturing industry resumption and resumption, the terminal consumption is gradually improving, and the degree of domestic affected by the epidemic is gradually decreasing.

What is more complicated now is that if the epidemic situation in Europe, America and other Asian countries worsens further in the future and goes through a long time, it will have a great impact on China's import and export trade.

What can we do? Experts give two suggestions

After three successive fusions of American stock market, many enterprises feel greater development pressure. How many fusions will there be in the back? Where should our textile industry go?

To solve this problem, some financial experts give two suggestions: first of all, we need to accelerate the upgrading of domestic industries, reduce foreign dependence on high technology, and further stimulate effective domestic demand. Secondly, there is no need to panic. With the gradual improvement of China's epidemic situation, domestic consumption will recover soon. At present, our initiative to get through this difficulty smoothly is gradually increasing. In order to truly break through the encirclement and achieve these goals, we need to give full play to the role of entrepreneurs and fully mobilize their enthusiasm and creativity. "Wuhan refueling" is transforming into "boss refueling".

The more difficult it is, the more it shows an entrepreneur's ability to innovate and adapt to the market. This can also be fully illustrated from the tough development experience of China's textile industry in the past decades. In the face of this epidemic, we really realized the rapid response ability and technological progress of the industry. For example, Hengtian's warp and weft spinning machine, Hengtian heavy industry, etc. were rapidly transferred to production to develop and produce mask machine and mask press machine, which ran out of China's speed and realized the responsibility of central enterprises. The rapid transfer of protective clothing from Jihua Group to Yangguang group reflects the textile people's consideration of the overall situation and quick response, all of which shows that the textile industry has always had a strong ability of technological innovation. They can respond quickly at critical times and fully demonstrate the industry's responsibility. This kind of transfer of production not only alleviates the problem of the shortage of anti epidemic medical supplies, but also It also shows the connotation of the new positioning of industry science and technology. Of course, many enterprises in the textile industry have changed to produce medical protective equipment. To some extent, it has alleviated many pressures, such as the industry chain coordination is not smooth. But we must also realize that this kind of short-term expansion of the production of epidemic prevention equipment may expand the export capacity in the next few months, but after the end of the epidemic, it is likely to become redundant production capacity. So from now on, we should start to lay out the post epidemic era.

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