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The Change of exchange rate of the Yuan against the US Dolla
From now on, the Yuan will be more volatile and one-way appreciation will be over. Its exchange rate is in response to the market demands ,I think it is a benefit both to Chinese exporters and overseas importers.”
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The Future of Chinese’s Manufacturing
During the last 10 years, every year a large number of factories in China have been closed down due to the rise up in price of land/labor/energy along with the upvaluation of the RMB, has brought unprecedented pressure to the manufacturing industry. Which approach the manufacturing industry should take ? Chinese government vigorously promote industry upgrading and transformation but it was not easy for most factories which used to work with OEM .
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SHENZHEN GET NEW AIRPORT
Shenzhen Bao'an International Airport opens its new terminal on Nov 28 , with flights focusing on destinations in Southeast Asia
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