Selling pressure

“The pressure will probably emerge in June. The rising commodity prices and increasing shipping costs both weigh down on enterprises”


Qiu Zhiming, chairman of Beifa Group, tells China Daily that Chinese exporters could face surging cost pressures in the second half. He added that the resumption of production at foreign manufacturers added more competition in overseas markets too. Beifa exports to 200 countries and accounts for 16.5% of China’s writing pen exports.

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