China Update

WOW – What’s going on in China? There is so much in the news about the Chinese market, where do you begin to understand this very complex and secretive nation?

First, the USA market is a great place to be. Yes, we have our challenges, however we are resilient and strong.

With the devaluation of the RMB (Chinese currency), this is a great time for purchasing goods from China. The Chinese government knows the need to keep people working and one of the ways they will try to accomplish this feat is to adjust their currency.

Hernando Moss was expecting this adjustment based on the feedback and conversations with our suppliers.

More later…