By: Benzinga
June 06, 2013 at 10:25 AM EDT
How China Can React to Falling Exports
Chinese outbound shipments increased by just 7.1 percent in May, a sharp decline from the 14.7 percent growth for April, Bloomberg reported. This comes after China's Flash Manufacturing PMI indicated contraction for May. Naturally corresponding with slowed exports is the rising value of the yuan compared to the USD and
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