Has just completed the world's tallest building Dubai Tower (now known as the Al-Khalifa, tower) form factor, such as a syringe, it has not yet out of the quagmire of Dubai in terms of the debt crisis has been regarded as a cardiac stimulant, to some extent has also been "joyous" in tone. This building not only bring the surface of the scenery, but also the confidence of a precious totem. Dubai crowd expected to show the "magic" to promote economic recovery since the financial crisis, Dubai has been booming real estate industry immediately thrown into a momentary panic, followed by Dubai World Investment are also affected by the debt crisis, which caused people to the former "capital of luxury" started to worry.

Yi operators have little interest for high-rise

Merchandise trade is still based in Dubai

Dubai is known as the "gateway to the Middle East," is Yiwu commodities to the Middle East, North Africa, the transfer station, which is the Yiwu commodity in the Middle East's largest trading hub. "Dubai," the word of the Yiwu market, degree of importance can be seen, the world is concerned about the Dubai, Yiwu is no exception.

"Crisis inadvertently narrowed the Yiwu market and direct business relationship between Middle Eastern countries, more and more businessmen in the Middle East directly to the Yiwu sourcing options." Orient Star Holdings Group, Deng Chao-feng, general manager revealed that his company exported goods through Dubai Today, only 15% of the remaining 85% are sold in other countries, the overall volume of trade has not diminished. At present the Dubai market was normal, the crisis on the capital markets, real estate market, the impact of large merchandise trade did not suffer too much negative impact. In his view, investors hope that the completion of Burj Dubai in Dubai to boost the economy, but such a building alone can not fundamentally solve the Dubai's economic problems. Burj Dubai completion of local housing prices might lead to reversal, which may be an opportunity for property developers, but right now the price of 70,000 yuan per square meter, making very few Yiwu businessmen will participate in this "game" , meaning that the main business in Dubai-based commodity trading.

Optimistic about the future of Dubai's economy

Pairs of Dubai's economic prospects, Yiwu merchants expressed considerable optimism. The shops and stores in Dubai orders, Yiwu, factories and enterprises to undertake production base, seems to have become in recent years, Yiwu merchants to expand in the Middle East market in standard mode.

Is currently engaged in commercial activities in Dubai more than 200 business sense, and their primary business is to place orders based on customer needs, and then by domestic manufacturers to OEM production, and then from Dubai to sell in other regions. Star of the East, as the earliest point of one of the enterprises located in Dubai, and now the focus shifted again Yiwu, because "many countries in the Middle East shipping costs are cheaper, many goods do not have to transit through Dubai, but delivered directly to the various destinations," . This trend is contrary to previous years. Prior to the crisis, Dubai's rapid economic development, and implementation of a zero income tax policy, the relative parity neighboring countries have a clear advantage, Yiwu commodities sent to Dubai to become the Middle East, North Africa, Russia and other places of the bridgehead, but also a barometer of import and export trade in the Middle East, and wind vane. Although some of Yiwu enterprises in the Middle East trade, reduced dependence on Dubai, but as a commodity in the Middle East transit point for Dubai's Rise and Fall of the number of export enterprises will have some impact, Yiwu.

Dubai's gold rush to do their homework in advance

For businessmen, Dubai has a very liberal trade environment, developed economy and a strong exhibition logistics industry, but also has a unique geographical position, is a fertile ground for business.

Permanent Yiwu merchants believe that the Middle East, Dubai's unique geography, the port edge will not be shaken by the debt crisis. "Dubai Ports delivery speed, low tariffs, although now reduced the goods destined for Dubai, but Dubai is just as exporter of the goods sent to the Middle East, is still available in Dubai transit obvious advantage." Permanent Yiwu Syrian merchants Adoula purchasing goods, said his company has offices in Dubai, the debt crisis broke out, so that the world had gathered there, customers had withdrawn the idea. But as the recent crisis fade, the people of the Gold Rush to the Middle East and rapid recovery. Adoula also reminded you want to "go out" of the Yiwu small and medium enterprises should discard the mentality of quick success, to do homework in advance, using Chinese words to "fight a protracted war."

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