Computer Information Systems BS'11 // Student, Master of Public Management, School of Public & Environmental Affairs / Department of Public Administration & Health Management, Indiana University Kokomo.
... A perfect storm has hit China's manufacturers. So far this year, the renminbi has been appreciating at a 16 percent annualized rate. And prices for raw materials, which account for 60 percent to 70 percent of manufacturers' costs, are soaring.
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