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Friday, 02 May 2008 |
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We surveyed over a thousand exporters in Greater China to gauge price trends in the next six months. Pressured by an appreciating currency, rising raw material and labor costs, reduced VAT refunds, and an uptick in inflation, most respondents expect to increase prices. However, amid growing buzz about alternative source markets, such as Vietnam and India, China suppliers aim to minimize price hikes to stay competitive.
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