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Article: Adventures in the value chain Talking Business
- Article from:
- International Herald Tribune
- Article date:
- April 5, 2008
- Author:
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Joe Nocera The New York Times Media Group
International Herald Tribune
04-05-2008
Adventures in the value chain Talking Business
Byline: Joe Nocera The New York Times Media Group
Edition: 2
Section: FINANCE/BUSINESS
SHANGHAI --
'The RMB is killing me," groaned Jin Jue. Jin, a hip-looking 35- year-old, with spiky hair and an all-black ensemble, describes himself on his business card as the "board chairman" of Shanghai Jinjue Fashion. It was my first full day in China, and Jin was showing me around his factory on the outskirts of town.
The RMB is shorthand for renminbi, the Chinese currency, also known as the yuan, which, since the beginning of the year, has risen more than 4 percent against ...