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Home News The impact of the death of the Queen on the foreign trade of the precision machining industry cannot be ignored

The impact of the death of the Queen on the foreign trade of the precision machining industry cannot be ignored

  • September 16, 2022
In the early morning of September 9, Beijing time, Queen Elizabeth II of the United Kingdom died at Balmoral Castle in Scotland at the age of 96. Although the Queen of England had no real ruling power when she was alive, her 70-year reign alone was enough to make her the spiritual leader of the British and even the entire Commonwealth.

The impact of the current domestic situation in the UK on the foreign trade of the precision machining industry is mainly due to continued inflation and strikes. Now the British economy is entering a period of stagflation, the economy is hit by high inflation and recession at the same time. Under the influence of inflation, rising prices and soaring energy bills will make the living cost of the people higher and higher. Under such a situation, the precision machining industry is not optimistic about the British trade, and this situation may continue to increase. last a long time.


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The current turbulent European economic environment is nothing more than a continuous challenge to Far East Excellent Technology's foreign trade. Far East Excellent Technology has more than 15 years of rich experience in precision machining, providing customers with one-stop service, which has been recognized by many Chinese and foreign customers. Thank you Customer support, we have been constantly innovating and striving to provide customers with better service.

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