Quoting from [xuqingali]:


What is the biggest risk for small Chinese manufacturers struggle to remain competitive in overseas markets?

Chinese's lower end processing exporting business now has its return due to the increasing of demand decrease & also the local labour & raw material cost hikes, the biggest risk is wether our Chinese Manufactures still waiting in the very lower stand end of the value chain in global trade. Cuz in this situation, when the overseas local market price hikes for 100, the local end exporting price could only gain 10 but the basic cost must be higher than 30 already. Thus no competativeness anymore, and more local factory will treaten to be closed.

Also, I don't think to bind the RMB with US in the past years is smart when our business structure is not ready enough.