Exporters expecting volatile forex rates

Chinese exporters have remained calm after the US presidential election result, saying they had prepared for inevitable exchange rate fluctuations, and see little impact on China's exports to the United States.

The surprise victory of Donald Trump, who lacks political experience, might mean some uncertainties about China-US trade, which is worrying for many of Chinese exporters, but they can cope with it, said Yan Guoshan, president of Foshan Textiles Import and Export Co Ltd.

"To avoid big financial losses due to exchange rate fluctuations, we always write into contracts that prices may be adjusted if the currency fluctuations are out of a certain range," Yan said.