April 2, 2008, 4:07 pm
Rising yuan crunches bottom line for outsourcers
The Chinese yuan is rising to record highs against the dollar, hurting some small businesses that rely on China for low-cost manufacturing. Has your business been affected by the yuan’s rise? Tell us about it.
Categories: Going global
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I have been manufacturing in China since 2004. This year, pricing on one of my products has increased 42% only since Jan. My product is a UV protected polypropelene. It will drastically change the way i do business…..