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View Full Version : China Sees 'Severe' Challenges to Exports in 2012 - Bloomberg



NewsWhore
12-07-2011, 01:20 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0HqSjwoLrUlvMXY2jCxnM0JRbWw&url=http://www.bloomberg.com/news/2011-12-07/china-sees-severe-challenges-as-overseas-demand-weakens-exports-economy.html)
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China Sees &#39;Severe&#39; Challenges to Exports in 2012 (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH0HqSjwoLrUlvMXY2jCxnM0JRbWw&url=http://www.bloomberg.com/news/2011-12-07/china-sees-severe-challenges-as-overseas-demand-weakens-exports-economy.html)
Bloomberg
“The room for yuan appreciation is very limited and the currency will have higher volatility,” said Dariusz Kowalczyk, a senior economist with Credit Agricole CIB in Hong Kong. “It seems China is moving to protect its exporters more aggressively, ...

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