China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies

Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on some orders due to the yuan’s rapid gains earlier in...

By Charlie Zhu, Qizi Sun, Jacob Gu · Bloomberg Markets

Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on some orders due to the yuan’s rapid gains earlier in the year, Yu is looking to better manage her dollar exposure.