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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