Fwd: Revaluation industry impact# Business - 商学院
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Companies See Little Impact
From Costlier Yuan -- For Now
A WALL STREET JOURNAL NEWS ROUNDUP
July 22, 2005; Page B1
China's shift with the yuan, making the currency effectively 2.1% stronger aga
inst the dollar, will affect a wide range of industries, from oil and wine to
planes and cars. But for now, the impact will be relatively minor and could be
positive, industry executives and analysts said.
For many global companies, a stronger Chinese currency will likely help a litt
le and hurt a little
From Costlier Yuan -- For Now
A WALL STREET JOURNAL NEWS ROUNDUP
July 22, 2005; Page B1
China's shift with the yuan, making the currency effectively 2.1% stronger aga
inst the dollar, will affect a wide range of industries, from oil and wine to
planes and cars. But for now, the impact will be relatively minor and could be
positive, industry executives and analysts said.
For many global companies, a stronger Chinese currency will likely help a litt
le and hurt a little