It looks like China’s financial bosses have stalled the rise of the RMB against global currencies, especially the USD. But is the yuan actually undervalued internationally and what are the dangers and benefits for importers and resellers?
Want to know where the Chinese economy is right now? You’re not alone half of the businessmen, economists and world leaders are asking themselves the same question. Read on to find out more about the confusion and a new regulation set to hit exporters where it hurts… again.
What with tighter immigration laws, higher inflation, increased fuel and raw material costs and new travel restrictions the Olympic Games are turning into an Olympic headache for manufacturers exporters and anybody sourcing products from China.