China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies
Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on some orders due to the yuan’s rapid gains earlier in the year, Yu is looking to better manage her dollar exposure.
Original Source
Read the full article at Bloomberg →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.