Brexit from Europe, Cross-Border Transactions of Tungsten Heater or be "Hit"

According to the British Broadcasting Corporation (BBC) reported that on the local time on June 24, the referendum vote for Britain to leave the Europe has been counted, the results show that 52% of Britain citizen support to exit from Europe, which means that the UK will be out of the EU. Influenced by the referendum, the pound plummeted substantially, the euro and the dollar also fell more than three percent, while the Swiss franc, the Japanese yen is skyrocketed, this brexit directly burns the global currency market, in order to stabilize their economic, and there many countries has been intervene the national economic.

European a major place for cross-border imports as electricity suppliers, and it is an important export market for cross-border electricity supplier. But now the state of the economy of the whole Europe is in shock period, the pound and the euro will likely to depreciate for a long period, which benefits domestic tungsten enterprises for importing related equipment. In this way, domestic tungsten manufacturers can improve the quality and quantity of tungsten products (tungsten heater). But on the other hand, export becomes an issue. Business profits will decrease. The industry said that at present the most cross-border electricity supplier for China and European logistics companies (excluding postal operators) in China have a layout in the UK, a large proportion of shipments should be pass the UK into the EU (dedicated line, overseas warehouses, etc.) . Therefore, for those service providers, they will be more or less affected.

In fact, the United Kingdom and Europe are not ready to the follow-up work for brexit. Britain has little effect to core business of SprintPack in a short time, because the British and European countries need to establish the appropriate bilateral agreements. The global economy will be in a long grace period, countries should make the appropriate measures to stabilize their economies.

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