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The Influence of RMB Appreciation on Chinese Textile Industry
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作者 Ling Yu Yujing Wen 《Chinese Business Review》 2006年第4期57-61,共5页
Textile industry is the biggest industry that gains foreign exchange through export in China, and the dependence rate of either export or import is high. RMB continuous appreciation brings China both chance and challe... Textile industry is the biggest industry that gains foreign exchange through export in China, and the dependence rate of either export or import is high. RMB continuous appreciation brings China both chance and challenge. On the one hand, it reduces the import cost of raw materials and equipments; on the other hand, it weakens the price advantage of textile industry in China; at the same time, it promotes the transformation and the integration of textile business enterprise. 展开更多
关键词 textile industry RMB appreciation price advantage
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