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Stronger yuan not likely in 1H 2010 Written by Global Sources Editorial Team

Despite growing calls from trade partners, exchange rate flexibility will be probable only after economic conditions stabilize.

China may be facing great compulsion to widen its currency conversion band, but exporters are confident the government will not bow to pressure anytime soon.

The country's central bank has been working to maintain a 6.80 exchange rate between the yuan and the US dollar since mid-2008 to ease the effects of the global downturn on exporters. Prior to that, the yuan had appreciated from 8.27 to the US dollar in July 2005 to about 6.83 by July 2008.No comments for this item

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How to do QC inspections by yourself By Renaud Anjoran in 'Quality Inspection Blog' A sourcing agent working out of Shenzhen recently asked me for some advice. He just moved to China and he is going to do his first QC inspections for on... Click to continue...
 
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Sourcing in China?: Read This NOW By Richard Brubaker in 'All Roads Lead To China' China Briefing has just posted SAFE Issues New Regulations to Further Control Foreign Exchange Movement, which confirms the worst case scen... Click to continue...
 
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Achieve Good Results from Sourcing Exhibitions (2) By Diana in 'The China Sourcing Blog' A continuation part on 'Achieve Good Results from Sourcing Exhibitions' Exhibitor analysis Based on market research, you may already be able to ge... Click to continue...
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Demand Letters Still Work In China. By Dan Harris in 'China Law Blog' Wikipedia defines a demand letter as a "letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of som... Click to continue...
 
Supplier Relationships
The Challenge of After-sales Service in Sourcing from China By Diana in 'The China Sourcing Blog' During the past 3 months, I traveled with a few clients to visit some Chinese suppliers of motors, pumps, valves and other industry supplies. As usual, we reco... Click to continue...
Travel
Traveling to factories in China By Renaud Anjoran in 'Quality Inspection Blog' I spend about half of my time traveling, most of the time to industrial areas in China. These days I am a city I had never heard of, in Guangxi provin... Click to continue...
 
Cultural Considerations
Over-Promise, Under-Deliver and the realities of the Chinese Market By David Dayton in 'Silk Road International' Everyone that's ever had a job in the West learned very early on the value of Under-promise and Over-deliver, especially if you wanted to get ahead, kee... Click to continue...
 

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