More and more overseas buyers in the trade are gradually becoming willing to accept RMB as a settlement currency.
According to a survey that covered 385 overseas buyers released on Jan. 24, 17 percent of the respondents indicated that they had used RMB in commercial transactions with Chinese exports, and 39 percent of the respondents said that in the future they are willing to pay RMB.
The survey was conducted by the well-known by B2B media group Global Sources. Respondents cover 385 buyers from China's major export markets, such as Europe, America, the Middle East, Central and South America, and Asia. Their procurement of goods in China covers electronics, home appliances, gifts, garments and textiles and metal products and other fields.
Central parity of RMB against the U.S. dollar recently hit record highs and is showing a noticeably accelerating growth rate, causing overseas buyers to pay close attention. Data shows that 68 percent of respondents said their procurement from China is affected by the appreciation, 54 percent of respondents think the appreciation of the RMB leads to the rise of Chinese export prices.
By Huang Beibei, People's Daily Online
According to a survey that covered 385 overseas buyers released on Jan. 24, 17 percent of the respondents indicated that they had used RMB in commercial transactions with Chinese exports, and 39 percent of the respondents said that in the future they are willing to pay RMB.
The survey was conducted by the well-known by B2B media group Global Sources. Respondents cover 385 buyers from China's major export markets, such as Europe, America, the Middle East, Central and South America, and Asia. Their procurement of goods in China covers electronics, home appliances, gifts, garments and textiles and metal products and other fields.
Central parity of RMB against the U.S. dollar recently hit record highs and is showing a noticeably accelerating growth rate, causing overseas buyers to pay close attention. Data shows that 68 percent of respondents said their procurement from China is affected by the appreciation, 54 percent of respondents think the appreciation of the RMB leads to the rise of Chinese export prices.
By Huang Beibei, People's Daily Online
