A survey on two China manufacturers IBUonline is a B2B foreign trade platform, which has helped many China suppliers

and international buyers to complete foreign trade. Now it has conducted an interview on a China leather manufacturer Chen Yanping, assistant general manager of Guangzhou Fine Horse Leather Co, said the company had to increase the price of its products for new orders, especially those to be shipped to Japan due to the quick currency appreciation. Now we only accept short-term orders within three to six months, Chen said. Chen said his company had to increase the price of products to offset the loss brought about by the rising value of the Yuan against the dollar and the Japanese yen. IBU also conducts a survey on an Electric company. Zhao Wei, a senior sales manager of TCL Lighting Electrics Co, said his company had planned to break its traditional reliance on sales agents and build its own marketing channels in Japan. But now it has to delay the plan due to the rising appreciation of the Yuan against the Japanese yen. For Chinese exporters who have been facing sluggish demand from European and US markets since last year, the rising Yuan added another burden. The Yuans exchange rate index in April was 115.24, or 0.88 percent higher than in March. This is the sixth consecutive month that the index has broken its record since it was launched since 1994. The rise of the Yuan has dented exporters long-term business confidence on Thursday. IBU thinks foreign trade will return to normal and IBU has cooperated with some banks to offer some financial services.