Strong yuan sparks concerns
Many companies and factories have already closed for new year to enable their workforce to travel from the cities to their families living in rural areas. Trading will revive again at the end of January. Judging by the current demand in the domestic and overseas markets, prices will, however, only come down slowly.
Yet, exporters are mainly worried about the exchange rate as the Chinese yuan has gained considerably against the US dollar since mid-December. Although the yuan has devaluated against the US dolllar again in recent day