Exports to China have fallen for three consecutive months Concerns about deteriorating economic indicators = Korea
https://jp.yna.co.kr/view/AJP 20190206000800882

2010.02.06 [Sejong Yonhap News] ynhrm@yna.co.kr
 
The amount of exports (preliminary figure) in January recently announced
by the Ministry of Industry, Trade and Resources,
It has been negative compared to the same month last year
for two consecutive months.
 

Although the impact of the sluggish sales of main products such as semiconductors is significant and exports of automobiles and steel increased,

It was insufficiency to prevent the impact caused by the deterioration
of the external conditions.
 
Prices of semiconductors, which continued to fall last year,
had a major impact on the decline in exports.
The decline in exports of semiconductors in January this year deteriorated
to 23.3% compared to the same month in the previous year,
and the future is more uncertain.

The situation is not good in other major industries,
In January, exports of nine out of 13 items decreased compared
with the same month last year.
By country, exports to major trading countries were sluggish.

 

The amount of exports to China, the largest trading partner,
decreased for three consecutive months from November last year,
and the decrease rate was 3.1% in November, 14.0% in December,
19.1% in January And show an expanding trend.

There was a downturn in semiconductors, general machinery,
petroleum products and wireless communication equipment.

Authorities analyzed that the slowing of the Chinese industry, reduced demand,
and the expansion of the market power of local companies had an impact.
Exports generally declined, but signs of improvement
were seen in some products and areas.
 
By region, exports to the United States, Japan,
the Association of Southeast Asian Nations (ASEAN)
and the European Union (EU) have each been on the rise
for four consecutive months.

If exports continue to play a role of growth engine of the Korean economy,
there is concern that macroeconomic indicators may be adversely affected.

Real gross domestic product (GDP) growth rate recorded 3.1% in 17 years
and recovered to the 3% level for the first time in 3 years since 14 years
(3.3%) but fell to 2.7% last year did.

 

The Bank of Korea (Central Bank) announced this year's growth rate forecast
to be 2.7%, but recently revised it down to 2.6%.

Professor Yonsei University professor Song Tae Yoon (economics)
pointed out that poor exportation, coupled with judgments on policy conditions,
could lead to a loss of investment,
which could cause macroeconomic indicators to deteriorate.

He also predicted that "the government declared a large-scale fiscal investment
would have a partially offsetting effect."

 

While in the midst of restructuring the global car industry.
.. Korea "must worry about union strikes"
http://news.hankyung.com/article/2019020644091
2010.02.06 Chapter Changmin reporter cmjang@hankyung.com
 
Pulverization to the union car industry

Structural adjustment to compete with leading companies
GM, Nissan, Volkswagen, Land Rover, etc.
Significant reduction in internal combustion engine
personnel Environment-friendly, increased number of autonomous vehicles

Korea also needs union agreement to adjust volume
"Half salary" Gwangju-style employment excuse, Hyundai-Kia labor union,
strike situation Renault Samsung labor-management wages group talks
opposition spread
... Korea GM, additional support request
for living expenses required medium- to long-term structural adjustment
talk "Can not even think ,

 

Many global auto companies, such as General Motors (GM) in the United States
and Volkswagen in Germany, delivered better results than expected last year.

Employees expected a "money feast" commensurate with their performance,
but the company's choice was "manpower reduction."

 

These companies abandoned the winds of the government and citizens
who had hoped for "the biggest investment ever,"
and decided to reduce capital investment.

"We have to prepare for the possibility of a global slowdown"
The reason is that the only way is to reduce the size
of the existing business that moves all-in to the future car competition.

 

Korea is a different situation.

Instead of structural adjustment, the rigid labor market, high labor cost,
and low productivity are being pushed to the corner.

Domestic automakers can not adjust their production without the agreement
of the union.

This is the reason why there is concern that Korean automakers may be beaten
in the global automobile market by “labor risk”.
 
 

Global car industry of internal combustion engine personnel reduction

The company that cut the firewood of structural adjustment is GM.

At the end of last year,
it closed seven doors at factories inside and outside the country,
and proposed a restructuring plan to export 14,000 employees.

 

It turned out that GM plans to convert this into 30% internal combustion
engines and 70% electricity and electronics for 70% of human resources
to do work related to internal combustion engines.


Since the announcement of GM
Nissan Motor in Japan (1000 people),
German Volkswagen (7000 people),

Other automakers, such as the UK Jaguar Land Rover (4500),
also joined in the formation coordination.
 
Earlier this year, Ford announced plans to cut its workforce at 15 plants
in Europe and reduce its car lineup.

The electric car maker Tesla also has 45,000 employees
We decided to reduce 3000 people, which is 7%.

Toyota plans to reduce the number of executives from 55 to 23
and consolidate the deputy director general manager to "executive" job

Global automakers have embarked on such "relay structural adjustment"
because they have determined that the economic slowdown is likely
to reduce demand for automobiles.

China, the world's largest car market, has fallen for the first time in 20 years.

Last year, China sold 22.35 million passenger cars,
down 6% from the previous year.
Experts expect the same situation to continue this year.

There is also an analysis called a global automobile company's foundation
for preoccupying the future car market.

Reduction of existing internal combustion engine based vehicles for research
on environment vehicles and autonomous vehicles
It's about pre-grounding work to place a lot of people.

Research member of Lee Hang Industrial Research Institute
"The trend is to reduce the production equipment and personnel related
to internal combustion engines and increase future car-related investment,"
he said.
 

Labor union risk noticed Korea

Korea, which needs the most adjustment, is "can't even think".
Korea sit down without getting out of the chronic "work union risk".
Hyundai Kia will soon need to worry about the strike is a board.

Half amount annual salary
The Gwangju-style Employment Project, a completed car plant factory,

 immediately after leaving its first step on March 31,

the labor unions of the two companies
have announced a complete anti-government struggle.
 
There are other kinds of fires.
The Hyundai Motor Workers' Union opposes the employers to split monthly
a portion of the bonus they have paid every other month.
He argued that
"the bonus must be included in the regular pay to be paid monthly."
This is the reason why modern cars are likely to be immersed
in the labor-management conflict with the lowest wage
in the first half of this year.
 
The Renault Samsung Automobile Workers Union,
which has been familiar with the "model student" of the finished car industry,
has also made 20 strikes since the end of last year.
 
The conflict between labor and management is growing,
but it does not lead to wages and collective bargaining in 2018.
Korea GM is suffering from union risk after closing
its Gunsan plant last February.
 

Finished car makers are looking at the union's appearance.

Industry officials said,
"Most of the domestic automobile manufacturers must obtain the agreement
of the labor union to produce new cars based on the provisions
of the collective agreement or adjust the production volume for each factory."

"Structural adjustment was unthinkable," he complained.

 

A university professor who asked for anonymity

"If it is not possible to solve union risks,
it will be difficult for the domestic automobile industry
to regain competitiveness."
"When unions have to worry about the survival of the company and industry,"
he said.
 
BTS members famous for atomic bomb T-shirts 
are crazy inside the bus
Videos leaked!
https://twitter.com/i/status/1062852872176451584

Overseas fans seem to be exactly the same

Suddenly overflowing with compliments of English praise. Creepy

 

http://www.ekn.kr/news/article.html?no=398456
https://news.v.daum.net/v/20181106030037589

http://www.koreaherald.com/view.php?ud=20181114000854

 

 
A song called BTS "run". Members are suffering in waters in the water.
MV release date, March 11, It is the day of the Great East Japan Earthquake.
I can not forgive as a Japanese citizen.
 
BTS wearing a comfort Woman wear
Dokdo is also doing anti-Japanese act of singing our territory
.

The capital flight started
World stock price / Korea KOSPI
Do not move, government intervention,
Trading suspension, circuit breaker activation,

power off of server,

Koria have a proven track record.

 

Yuzuru Sato
Korea attacks Japan by combining hands with North Korea and China
Propaganda neglect affects the recreation of the comfort women problem,

the activities of Japanese companies around the world
Possibility of losing in the image strategy at the US jury trial.

ttps://www.facebook.com/pages/Attapeu-One-Love-Original/1775535799339658

 

旭日旗、自衛隊P-3に韓国海軍のレーダー照射問題まとめ

朝鮮人戦時労働者問題まとめ

慰安婦問題まとめ

韓国経済まとめ

Lai đại hàn Korean slaughter

LAOS DAM2

LAOS DAM

English articles futukiiti hoyoujiyo

English articles 2

DiffusionHopeGermanNGOSupportLaosAdoptVillage

 

DiffusionHopehttps://laos.oxfam.org/

 

 

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