Liu Ying, assistant to the chairman of nike air max sale Co., Ltd., frankly, Sichuan shoe not yet out of the mire of financial crisis, the decline in external demand and rising labor costs makes Sichuan shoe had to face the orders, the profits of both pressure situation, while With the expansion of the exchange rate volatility will undoubtedly intensify the exchange rate risk. " Exchange-rate volatility increased this change, the company this morning, specifically to hold a special discussion, and finally concluded that the risk of exchange rate fluctuations can only be reserved orders, which means that the cost of procurement of the European and American buyers will rise further.
The original meager profits Sichuan shoe will have to face the embarrassment of a dilemma. Ying Liu explained that the increased exchange rate volatility and the orders of the already meager profits due to foreign exchange losses and a loss of probability increase, but if this part of the exchange rate risk reserve into the contract, it will affect the nike air max classic volume of orders.
nike air max orders before profits suffered " double play ", after the RMB exchange rate volatility increases exacerbated by exchange rate risk, a large number of Sichuan shoe out of the financial crisis quagmire?, Southwest University of Finance and Economics Professor Qiu g, the expansion of the RMB exchange rate volatility doubled for Sichuan footwear, led by a large number of export-oriented enterprises is not a small impact. In the past year, due to the support of the country 's export tax rebate, a stable exchange rate policy, a large number of Sichuan shoe to survive, but as the RMB exchange rate volatility to increase, which will make a Sichuan shoes had to accelerate the pace of industrial restructuring.
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