Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The yuan's recent surge against major trading partner currencies has hit levels we haven't seen in years. This strength, while seemingly positive on the surface, paints a concerning picture for export dynamics.



Against the backdrop of multi-year peaks in bilateral exchange rates, exporters are facing growing pressure. A stronger currency directly chips away at price competitiveness in overseas markets—the math is straightforward but the implications run deep.

What makes this particularly noteworthy is the timing. Export conditions were already under strain, and currency appreciation is adding another layer of challenge. For businesses operating on thin margins, even modest FX shifts can swing between profit and loss.

This isn't just about numbers on a screen. It's about real-world trade flows and the delicate balance between currency policy and commercial reality.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
ILCollectorvip
· 13m ago
The appreciation of the renminbi seems glamorous on the surface, but exporters have long been crying in the bathroom. A strong currency sounds great, but it's a nightmare for trade... I see through this logic. With the coin appreciating and exports becoming difficult, small and medium enterprises are really going to be hit hard this time. Thinking deeply is terrifying; a fluctuation in the exchange rate by just one point can turn profits into losses, it's too heartbreaking. Appreciation is not necessarily a good thing; it depends on which side of the meal you are on. How are exporters supposed to live these days?
View OriginalReply0
BlockchainArchaeologistvip
· 20h ago
The RMB has appreciated again, and exporters are really having a tough time, with marginal profits as thin as paper. --- A strong currency looks glamorous on the surface, but behind it, export companies are bleeding. This wave of Exchange Rate is truly astonishing. --- With both Exchange Rate and export pressure, how can small and medium traders survive? --- While currency appreciation seems pleasant, it has pushed many small businesses to the brink. --- In an era of thin profits facing a strong currency, it really is a case of losing everything with one wave. --- This wave of appreciation of the RMB... it feels like there’s a gap between policy and market reality. --- Fluctuations in forex by two or three points can determine the life and death of a quarter; it’s really hard for merchants. --- In matters of appreciation, the ones who benefit are big capital, while small and medium traders always suffer. --- This is the real trade dilemma. The data may look good, but the loss of orders is the real issue. --- The RMB is strong, but exports are weak; after so many years of this cycle, we are still playing the same game.
View OriginalReply0
POAPlectionistvip
· 11-14 12:11
The appreciation of the Renminbi... it's nice to say it's strong, but exporters have long been crying in the bathroom, they can't compete at all. --- Again with this, appreciation feels good for ordinary people, but it's a nightmare for exporting companies, the thin profit industries are directly dead. --- Really, just a few points of Exchange Rate fluctuation can wipe out profits, that's the most heartbreaking part. --- So does the Central Bank want to appreciate or not? Please give us a clear signal... --- Is this the reason why it's getting harder and harder to receive export orders? No wonder factories are moving to Southeast Asia. --- The rapid appreciation of the Renminbi is really a double-edged sword, it looks good in the short term, but in the long run, exporting will be over. --- Thin profit companies are most afraid of this, once the Exchange Rate moves, there's no food to eat. --- Appreciation ≠ good thing, this logic many people still haven't figured out.
View OriginalReply0
ClassicDumpstervip
· 11-14 05:04
The appreciation of the RMB is really a nightmare for exporters, as profit margins are directly squeezed out. --- It's the same old trap of strong coin harming exports; when will we find a balance? --- Thin profit industries are really struggling now; a fluctuation in the exchange rate can lead to total loss. Who will save us? --- Exporters are suffering now; with such harsh trade conditions, how can they survive? --- The exchange rate, to put it bluntly, is just a way to fleece businesses, with policies and commercial realities clashing every day. --- It feels like only large enterprises can withstand this wave, while small manufacturers are directly out of the game. --- A strong currency sounds proud but is actually a disguised way of plundering export profits.
View OriginalReply0
RugPullAlarmvip
· 11-14 05:04
The appreciation of the Renminbi seems glamorous on the surface, but it's secretly hurting exports. We need to keep a close eye on the flow of funds.
View OriginalReply0
ForkThisDAOvip
· 11-14 05:01
The appreciation of the RMB sounds great, but exporters are now estimated to be crying... Really, the Exchange Rate thing is just like Be Played for Suckers. --- It's all about the Exchange Rate and trade. In simple terms, it's the clash between policy and reality, and small and medium-sized export enterprises are caught in the middle and suffering the most. --- The era of thin profits and high sales is long gone. Now, we also have to be cut by the Exchange Rate. How are we supposed to live like this? --- With the Exchange Rate at a high for many years... Alright, it seems we need to recalculate costs, or else we'll be losing money to the point of going bankrupt. --- If we lose our price competitiveness, then we lose it. Anyway, the rules of this game were not set by small and medium enterprises.
View OriginalReply0
GasFeeBeggarvip
· 11-14 04:52
The appreciation of the Renminbi seems like a good thing, but it has really put exporters in a tough spot... it's ridiculous.
View OriginalReply0
NFTHoardervip
· 11-14 04:51
The crypto world has seen through it in recent years; strong currencies are a nightmare for exporters... The era of thin profit margins and high sales is over.
View OriginalReply0
FastLeavervip
· 11-14 04:47
The appreciation of the Renminbi seems like a good thing, but in reality, exporters are directly hit... This is a typical case of paper prosperity vs reality slapping you in the face.
View OriginalReply0
PebbleHandervip
· 11-14 04:46
The Renminbi has risen again, and exporters are really suffering now. --- A strong currency sounds nice, but it actually digs pits for sellers. --- Businesses with thin margins fear exchange rate fluctuations the most; a wave of market changes can lead to losses. --- The Central Bank and exporters are always working against each other, and it's happening again this time. --- Listening to talk about multi-year highs is one thing; the key is how factories survive. --- Without price competitiveness, how can they compete with Vietnam and India? --- This situation is a deadlock between policy and reality that no one can get around. --- It's rising and rising again; others have already bought the dip and exchanged for USD. --- Foreign trade companies have really been in a tough spot these past two years; the fluctuation of exchange rates is more exhausting than managing operations.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)