After the Fed announced a rate hike in the early hours of February 2, Oras ng Beijing, the RMB exchange rate rose further, coming close to breaking 6.70 at its peak. Instead, to the disappointment of the US, not only did we not see a US dollar appreciation after the rate hike, but a continued decline in the US dollar. As we enter 2023, the RMB has completely ignored the US dollar’s rate hike and has risen strongly by over 2,000 points. The US dollar index has subsequently plummeted to a new over 9-month low. On 6th Beijing time, the offshore RMB has now had a slight rebound and is now at 6.8225. The US dollar may continue to be the key to influencing the RMB exchange rate, which may give back some of its gains in the short term. Liu Jie, head of macro strategy at Standard Chartered China, previously said that the reason why the RMB appreciated at a rapid pace at the beginning of the year was driven by the depreciation of the US dollar and also by expectations of a recovery in China.
Since 2023, the RMB exchange rate has become a bright sight in the international market. The RMB exchange rate continues to climb, with the RMB/USD mid-rate rising to its highest since August 2022 and the RMB/USD market rate hitting the doorstep of the RMB 6.7 mark again. Experts stated that the possibility of the US dollar returning to new highs is being further reduced, coupled with the opening of the Chinese epidemic and a faster rebound in China’s domestic economy after the Chinese New Year, which is expected to support the RMB exchange rate.
The reasonable value of the RMB returns to appreciation, making trade friction with trading partner countries reduced, rationalizing trade relations, making international trade smoother, promoting each other and maximizing the trade interests of relevant trading countries; coupled with the Chinese government’s policy support for foreign trade in 2023, the foreign trade dividend is here!
Jiayue is a foreign trade company that focuses on sanitary products for 10 years.It supports one-stop service solution, free design. We will provide different trade plans according to the market where the customer is located, we have helped many customers become well-known brands in their local area. We have our own brand Yibero and Adareil, include baby/adult diaper (pant), basa wipes, under pad and sanitary napkin, rich variety.
Why choose us
1) Propesyonal na produksyon at benta koponan at magkaroon ng higit sa 10 Taon ng karanasan sa pag-export.
2) Skilled loading workers at maaaring mag load ng higit pa sa lalagyan upang mas mababa ang gastos para sa singil sa dagat at malinis na gastos.
3) Magandang kapasidad ng produksyon at mga produkto diversification.
4) Bihasang tindero na may higit pa sa 10 taon lampin karanasan.
5) Na-export sa higit sa 70 mga bansa, maaari ring makatulong sa customer sa marketing ang lokal na merkado.
6) I-export ang qty: mahigit 100*40HQ/buwan sa buong mundo.
7) One-stop service solution, kami ay palaging itinuturing bilang isang pinagkakatiwalaang kaibigan ng aming mga regular na customer at maaari ring maging iyong mga mata sa China
Jiayue is your best choice. We hope to be your long-term partner in the sourcing of sanitary products in China. More details welcome to contact us. Inaasahan namin ang iyong pakikipagtulungan sa amin!
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Bukod pa rito, the company also produces pang-adultong lampin pantalon， pantalon ng diaper ng sanggol，biodegradable wipes，sanitary napkin， wet wipes for adult，at wet wipes for baby，welcome to wholesale purchase.
