what is your opinion about the rapidly appreciatiion of chinese currency

what is your opinion about the rapidly appreciatiion of chinese currency?KS6V&iOnLqq
i know that that exchange rate has increased over 1:7.1.v/{!z0Ca8Y
and many people say that the exhange rate will reach 1;7 soon.}n-zB`Dtf+[
do your business have been affected by the rappidly appreciation of the chinese currecy?

two edged weapons. it brings a lot of benefits to chinese who tour abroad, etc. it promotes our purchasing capability internationally.  
"[]w6bT!{L8VCP%F however, it is really a headche for the expert business ,expecially china is a munufacturing-oriented style and  customers all over the world flood here just because they are attracted by  our extremely low price. the chances are....america push rmb so hard that we progressively loss our edge........

Reply #1 jerry1983's post

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Some of clients can not accept the increase price.:L  :Q
B#E6P2R3rR1F And lost some clients.:(

Reply #1 jerry1983's post

Currency appreciation make our price less competitive and earn less profits.
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Every buyer want to import the goods with low low low price but good quality,anyway,factory have to cut down cost to improve competitive.4O/dU+At ^


W6k(y.^ex5A'`M As foreign sales,i take more time and efforts to convince my customers,headache.:Q :Q

Give difficulties to export !

With  the the unsteadily changing of exchange rate, many company face difficulties.}4O&clI^
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My senior got an order which is from germany. She told him the price should be increased. Luckily, the customer answered, but he asked only a part of the order.
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W"A    From my point of view, he is very generous. Maybe someone faces the unchangeable situation.

We are meet a bad  situation
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r\wA All of the price are increase,But what can we do?

now the exchange rate  of usd to rmb has dropped down to 1 to 6.99  , the situation for foreign trade is becoming  tough.
Fo%M'?2yT my boss has decided to make the quotation valid only within 15days, how about you guys ?
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.tKX:ga9bY'b DY [[i] Last edited by jeff008 at 2008-3-31 09:54 [/i]]

Rapid appreciation of RMB put much cost pressure on us,many orders are losing money due to unexpected rapid appreciation after CNY.We hope to quote by forward exchange rate, but it has a lot of difficulties. I'm using 6.5 for offer now.It's really crazy!

It is a disaster to oue company. our company has decided to make no quotation.