Rising renminbi stymies exporters at Canton Fair
By Qiu Quanlin | China Daily | Updated: 2011-05-06 07:46
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Attendees browse various products during the Canton Fair in Guangzhou. The trade volume of export orders transacted during the fair amounted to $36.86 billion. Forbes Conrad / Bloomberg |
GUANGZHOU - A number of factors, especially the appreciation of the yuan, prevented Chinese export-oriented companies from signing long-term orders with foreign businesses at this year's Import and Export Fair, which ended on Thursday .
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