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Rising yuan stymies Canton Fair exports

2011-5-6

Rising yuan stymies Canton Fair exports
Attendees browse various products during the Canton Fair in Guangzhou. The trade volume of export orders transacted during the fair amounted to $36.86 billion. [Photo/Agencies]

GUANGZHOU - A number of factors, especially the appreciation of the yuan, prevented Chinese export-oriented companies from signing long-term orders with foreign businesses at this year's Import and Export Fair, which ended on Thursday.

Source:China Daily
 
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