在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

   

China exporters suffer as currency rises

(AP)
Updated: 2007-01-15 11:04

"We expect to produce more new and improved goods in the future, so that can lessen side affects caused by the change," he said.

The pain should be concentrated in export industries, with little impact on U.S. consumers or China's broader economy, because Beijing is restraining the speed of the yuan's rise, said Andy Rothman, chief China strategist for investment bank CLSA Asia-Pacific Markets.

"I don't think the impact on most Chinese companies will be that significant," Rothman said.

Beijing has given no sign it will slow the yuan's rise, despite the possible threat to employment at a time when the government needs to create jobs for a growing work force and millions of people laid off in the overhaul of state industry.

"When they started out on this process, they knew that some people would be hurt," said Rothman. "If they can see the results are necessary to put the economy on a sounder footing long-term, then they can deal with the pain."

A more muscular yuan also helps the large segment of China's export industries that rely on foreign raw materials.

Many manufacturers assemble imported components, supplying little more than labor and adding just 20 percent to 30 percent of the value of air conditioners, sports equipment and other goods, experts say.

And some Chinese industries are enjoying a windfall.

Oil refiners are racking up fat profits on lower costs for imported crude. Airlines are seeing the cost of Boeing Co. and Airbus Industrie jetliners fall. Banks are richer as the value of their Chinese assets climbs in dollar terms. Companies that invest abroad are paying less for stocks and other assets.

But costs are rising for those that use Chinese materials.

The Anji Henglin Furniture Co. is paying more for wood, plastic and other materials, said Mei Yimin, the director of its foreign trade department. The company, in the southeastern province of Zhejiang, says it was China's 11th-biggest furniture exporter last year with sales of $26 million.

"It is even worse that the appreciation is taking place bit by bit, which makes it more difficult to negotiate with distributors," Mei said. "If it happened by a big margin overnight, they would have no option but to share the loss."
 123  


Top China News  
Today's Top News  
Most Commented/Read Stories in 48 Hours
主站蜘蛛池模板: 日韩欧美国产精品综合嫩v 午夜精品久久久久久久久 97色在线视频 | 青青草在线免费观看 | 狠狠色综合网站久久久久久久 | 日韩一片 | 一级片在线观看 | 日韩中文在线视频 | 午夜免费看视频 | 日本全黄裸体片 | 中文字幕欧美在线观看 | 亚洲高清不卡视频 | 久久久久国产视频 | 日本精品一区二区三区在线观看视频 | 亚洲人在线 | 国产精品久久久久久久久久久久久久 | 日本免费中文字幕 | 国产欧美一区二区三区鸳鸯浴 | 成人久久一区 | 欧美久久久久久久久久久久 | 日韩一区免费 | 一区二区视频 | 国产艳妇av视国产精选av一区 | 亚洲在线观看免费视频 | 欧美激情视频免费观看 | 亚洲无限乱码一二三四麻 | 国产精品久久久久无码av | 国产精品一区二区三区免费 | 国产区 在线观看 | 亚洲精品久久久久久久久久久久久 | 久草免费在线视频 | 午夜精品久久久久久久久久久久久 | 欧美日本免费一区二区三区 | 国产精品不卡视频 | 国产第一夜| 久久九 | 日韩av在线中文字幕 | 91在线视频免费观看 | 久久久久久综合 | 久久国产精品毛片 | 日韩视频网 | 精品美女在线 | 中文字幕视频在线免费 |