日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

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: 国产一二三四视频 | 国产精品揄拍500视频 | 国产激情图片 | 四虎在线观看视频 | 亚洲视频一区 | 日日夜夜影院 | 久久精品视频久久 | 国产一级二级毛片 | 国产精品一区av | 婷婷色av | 欧美在线网| 亚洲欧美日韩另类 | 69xxx免费视频 | 狠狠香蕉 | 久久黄色av| 亚洲一级一区 | 久草福利在线观看 | 老鸭窝成人 | 香蕉视频久久 | 天天操天天干天天操天天干 | 亚洲男人的天堂在线 | 亚洲视频a | 免费在线观看亚洲 | 久久久国产免费 | 国产一道本 | 日日草视频 | 色av影院 | 久色婷婷 | 欧美综合区 | 99久久精品免费 | 超碰在线免费播放 | 色婷婷aⅴ| 深夜久久久 | 日韩美女久久 | 日本在线精品 | 四虎免费在线视频 | 一区二区三区视频免费 | 成人黄色在线 | 最新中文字幕在线视频 | 在线免费观看91 | 香蕉视频免费在线看 |