date:Aug 02, 2013
Worries over further appreciation of the Renminbi, seen as a likely outcome of internationalization, were expressed by ten seafood exporters in Qingdao and Dalian contacted by SeafoodSource. Analysts watching the countrys listed seafood companies meanwhile have noted that the RMB has been steadily appreciating in value over the past five years, making Chinese seafood exports more expensive but imports more affordable as the RMB rises in value.
Chinas currency is currently non-convertible, meani