Clothing That Was Planted: Xtep Launches New PLA T-Shirts
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Helping companies tackle skyrocketing costs
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Pressure on exporters could mount in 2nd half By HU YUANYUAN and ZHONG NAN in Ningbo, Zhejiang | CHINA DAILY | Updated: 2021-05-10 07:10 Share CLOSE Cargos are unloaded from a container ship at the container terminal of the Lianyungang Port in East China s Jiangsu province, on Jan 14, 2021. [Photo/Xinhua]
Chinese foreign trade enterprises may face surging pressure in the second half of this year, due to increasing commodity prices, skyrocketing shipping costs and a fluctuating foreign exchange rate, industry experts said. The pressure will probably emerge in June, said Qiu Zhiming, chairman of Beifa Group, a leading stationery and office supplies manufacturer based in Ningbo, Zhejiang province. The company s exports, which reach nearly 200 countries and regions, account for 16.5 percent of Chinese pen exports.