Chinese exporters urged to ramp up US dollar hedges

Chris Davis
27 May 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Dealers say Chinese exporters remain reluctant to hedge their burgeoning US dollar-denominated revenues, despite a strengthening renminbi and a warning from the country’s foreign exchange regulator telling them to pay more attention to the management of currency risks.

“We see some Chinese exporter clients that have a lot of dollars, and we ask them, ‘Why don’t you hedge some of this?’ says George Sun, head of global markets for Greater China at BNP Paribas. “But, in fact, foreign exchange

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]