Despite growing calls from trade partners, exchange rate flexibility will be probable only after economic conditions stabilize. China may be facing great compulsion to widen its currency conversion band, but exporters are confident the government will not bow to pressure anytime soon. The country’s central bank has been working to maintain a 6.80 exchange...
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More manufacturers jump on the ‘green’ wagon amid stricter export regulations, growing alternatives and rising demand. Treading the “green” path is on the rise among manufacturers in China, albeit at different levels of adoption. Be it in the garments, jewelry, stationery, paint or consumer electronics industries, more companies are adopting ecologically safe materials, including...
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Robust demand is encouraging companies to upgrade their facilities and spend more on promotional activities. China suppliers of tire pressure gauges are ramping up production and exports in step with growing fuel efficiency and driver safety concerns in key markets. While mature technology-wise, the line has just recently started drawing attention as a basic...
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To keep overall sales strong, suppliers are veering away from passenger tires and exploring alternative markets. China’s tire industry is moving the sales mix away from its primary lines and market. The action comes in the wake of the US’ announcement of a three-year tiered additional tariff on passenger and light truck tires starting...
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