8 groups yuan depreciation will impact most
By Sun Chengdong (chinadaily.com.cn) Updated: 2015-08-13 06:32No 3 Exporting companies
Devaluation of yuan is good news for exporters, although large exporters may not benefit immediately from the devaluation since they generally negotiate and contract exchange rates with banks, but long term prospects are brighter, as they can offer cheaper products.
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Toys are ready for export from a company in Lianyungang, Jiangsu province. [Photo/China Daily] |
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