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Pressure on exporters could mount in 2nd half


Pressure on exporters could mount in 2nd half
By HU YUANYUAN and ZHONG NAN in Ningbo, Zhejiang |
CHINA DAILY |
Updated: 2021-05-10 07:10
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Cargos are unloaded from a container ship at the container terminal of the Lianyungang Port in East China s Jiangsu province, on Jan 14, 2021. [Photo/Xinhua]
Chinese foreign trade enterprises may face surging pressure in the second half of this year, due to increasing commodity prices, skyrocketing shipping costs and a fluctuating foreign exchange rate, industry experts said.
The pressure will probably emerge in June, said Qiu Zhiming, chairman of Beifa Group, a leading stationery and office supplies manufacturer based in Ningbo, Zhejiang province. The company s exports, which reach nearly 200 countries and regions, account for 16.5 percent of Chinese pen exports. ....

Deng Jun , United Arab Emirates , Liu Yuanchun , Li Xiansheng , Qiu Zhiming , Administration Of Customs , Faux Group , Administration Of Custom Department , Renmin University Of China , Regional Comprehensive Economic Partnership , Beifa Group , International China Co Ltd , Lianyungang Port , East China , General Administration , New York , United Arab , Middle East , Southeast Asian , Renmin University , டெங் ஜூன் , ஒன்றுபட்டது அரபு அமீரகங்கள் , அஸ் குழு , பிராந்திய விரிவான பொருளாதார கூட்டு , சர்வதேச சீனா இணை லிமிடெட் , கிழக்கு சீனா ,

Why yuan-dollar tango keeps trade firms on tenterhooks


Why yuan-dollar tango keeps trade firms on tenterhooks
By GUAN TAO |
China Daily |
Updated: 2021-04-12 10:02
[Cai Meng/China Daily]
In March, the RMB exchange rate fell back to the era of 6.50 yuan per US dollar, wiping out all the pick-up year to date. With rising market discussion on the reasons for recent RMB exchange rate correction, many institutions lowered their expectation of RMB appreciation within the year.
In fact, I have always been emphasizing that logic is more important than conclusion in foreign exchange analysis. What has happened by now does not deviate from the logic of exchange rate fluctuation I ve argued for many times. ....

United Kingdom , International Finance Association , Organization For Economic Cooperation , International China Co Ltd , Spring Festival , Economic Cooperation , Dow Jones Industrial Average , Shanghai Composite Index , Shenzhen Component Index , Chinext Index , ஒன்றுபட்டது கிஂக்டம் , சர்வதேச நிதி சங்கம் , ஆர்கநைஸேஶந் க்கு பொருளாதார ஒத்துழைப்பு , சர்வதேச சீனா இணை லிமிடெட் , வசந்த திருவிழா , பொருளாதார ஒத்துழைப்பு , டோ ஜோன்ஸ் தொழில்துறை சராசரி , ஷாங்காய் கலப்பு குறியீட்டு , ஷென்சென் கூறு குறியீட்டு ,