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Analysis

How much does a weaker Renminbi help Chinese seafood exporters?

The Chinese government has let its currency depreciate by CNY 0.12 against the dollar in the course of a week. What does this mean for the country’s seafood exporters?

By Louis Harkell | Aug. 14, 2019 09:47 BST
Credit: Who is Danny/Shutterstock.com
Credit: Who is Danny/Shutterstock.com
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How much does the weaker Renminbi help China's seafood exporters? 

Last week, the Chinese government let its currency depreciate by CNY 0.12 against the dollar. This offsets some of the additional 25% tariffs levied on US imports of Chinese products, including seafood [...]

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