In the past week, for exporting company ,for internation business company,everyone felt uneasy.
Exchange rate from 7.26 drop down to 7.13. that means the orders loss too much profit even loss invisibly.
Economists urge people do not panic after stock market drop .
Things will going to better. Global Stock Market Drop Amid fears over whole world.
Janan’s Economy Shrinks mor than exspected amid weak .Inflation
Janpan third quarter GDP it is a significant miss in fact,a contraction of 2.2% on an annualized basis.
the Estimate was for a 4/10of 1% contractin there.Some shrinking when it comes to the Jananese economy over
the some of the import of trade waiting on the nation’s sputtering recover.That would really add to the notion that we need to continue cation at the bank of Jank.
And aslo add to the government case for the timulus measure.
Higher interest rates are a return of dollars to Japan.
So the stock drop and exchange rate turmoil.
Now our order for some countries – Wire mesh Galvanized wire Chain link fence Hex mesh
square wire mesh etc. conclued by RMB.
Try to avoid the exchange rate changes to make us loss.
Still, some customers are having some trouble making payments.