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Devaluation of the Yuan's influence on Chinese import and export

  • Author:kate
  • Source:sunnyglassware
  • Release on:2016-10-19

Recently, news reports, currency rate of the RMB changed, then wthat're the impact
on China's imports and exports?  Therefore, our water glass cup, glass jars, glass plate,
glass bottle 'price will be more favourable.   Then why come to pick your needed
glassware now?

Positives:

1, the devaluation of the renminbi is conducive to relieving the financial pressure,
 pull the export economy. 

2, devaluation can help optimize export product mix to obtain opportunity currency
reduces the cost of export products, making products to increase exports.

3, in favor of easing the trade friction between China and other countries

Negative factors:

1, devaluation of the Renminbi to increase overseas investment costs

2, import costs for its currency devaluation weakened purchasing power



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