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Nantong customs notes return of poor quality exports up 31pc in 2013
NANTONG inspection and quarantine authorities noted a 31 per cent year-on-year increase of returned poor quality exports in 2013.
Value of these returned goods also grew 13.64 per cent to US$9.62 million, which include textile, garments, electrical and mechanical products, food, animals and plants, said Xinhua.
Thirty-seven batches of returned exports were from emerging markets, 42.31 per cent more than in 2013. Their value soared 203.53 per cent to $4.11 million. These goods, mostly electrical and mechanical products, chemicals, minerals, textiles and food, were returned for their poor quality.
Twenty consignments were returned from south east Asia, five were from Central and South America, 12 were from Middle East. Middle East returned goods were returned at three times the rate in 2012 and the value increased 340 per cent to $1.6 million.
During recent years, exporters have been actively expanding their business to the emerging markets as traditional ones like Europe and US are suffer shrinkage.
Exporters sold their poor-quality products at low prices to these markets. This has resulted in a surge of returns.
The customs reminds these exporters, selling ill-quality products. Hence the causes of returned of goods and claims for compensation do not only harm China's profits, but its reputation, said Xinhua.
Value of these returned goods also grew 13.64 per cent to US$9.62 million, which include textile, garments, electrical and mechanical products, food, animals and plants, said Xinhua.
Thirty-seven batches of returned exports were from emerging markets, 42.31 per cent more than in 2013. Their value soared 203.53 per cent to $4.11 million. These goods, mostly electrical and mechanical products, chemicals, minerals, textiles and food, were returned for their poor quality.
Twenty consignments were returned from south east Asia, five were from Central and South America, 12 were from Middle East. Middle East returned goods were returned at three times the rate in 2012 and the value increased 340 per cent to $1.6 million.
During recent years, exporters have been actively expanding their business to the emerging markets as traditional ones like Europe and US are suffer shrinkage.
Exporters sold their poor-quality products at low prices to these markets. This has resulted in a surge of returns.
The customs reminds these exporters, selling ill-quality products. Hence the causes of returned of goods and claims for compensation do not only harm China's profits, but its reputation, said Xinhua.
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