Others

What are the relative advantages of China over India, when it comes to sourcing products? The China Law Blog came up with two different posts covering this question… And a reader called Joel Waldman came up with very interesting comments that I am going to reproduce in this post.

This article started a discussion on the China Law Blog LinkedIn group. Since I participated a bit (and I thought I summed it up nicely, “if I do say so my damn self“) I thought I’d share my comments here.

Despite growing calls from trade partners, exchange rate flexibility will be probable only after economic conditions stabilize.

China may be facing great compulsion to widen its currency conversion band, but exporters are confident the government will not bow to pressure anytime soon.

The country's central bank has been working to maintain a 6.80 exchange rate between the yuan and the US dollar since mid-2008 to ease the effects of the global downturn on exporters. Prior to that, the yuan had appreciated from 8.27 to the US dollar in July 2005 to about 6.83 by July 2008.

More manufacturers jump on the 'green' wagon amid stricter export regulations, growing alternatives and rising demand.

Treading the "green" path is on the rise among manufacturers in China, albeit at different levels of adoption. Be it in the garments, jewelry, stationery, paint or consumer electronics industries, more companies are adopting ecologically safe materials, including recycled substitutes.