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CHINA-U.S. Trade War Infulence Rigging Hardware ?

Apr 09, 2018

Hello, everyone, after the Qingming Holiday, Terada Hardware started a new journey. Some people are concerned that the CHINA-U.S. trade war if affect the spring production and sales of Terada Hardware. We would like to tell everyone that we only manage our products. Those political things are countries work. Our aim is to make good products, good delivery, good services, and we do our own job. I don't think customers will reject such excellent supplier or manufacturer. Recently our production is very busy , the order is quite full, thanks to our customers and friends care for us and welcome orders. Terada Hardware main in rigging hardware and cable railing hardware,stainless steel and carbon steel products all are welcomed,shackle,turnbuckle and wire rope fittings our our advantages,terminal stud and swage stud is our hot products,waiting to be your parter.


By a way, On April 8, the People's Bank of China announced that China’s foreign exchange reserves in March totaled USD314.282 billion, a 0.27% increase from the end of February. According to the person in charge of the State Administration of Foreign Exchange, the risk aversion in the international financial market has risen. Major non-US dollar currency exchange rates have risen relative to the US dollar, asset prices have changed, and other factors have contributed to the increase in foreign exchange reserves. China's gold reserve at the end of March was 59.24 million ounces (about 1842.57 tons), which was in line with February; China's gold reserve at the end of March was US$784.19 billion, and it was US$78.464 billion at the end of February; China’s foreign exchange reserves at the end of March reported SDR2.1617 trillion, 2 At the end of the month, it was SDR2.1678 trillion. As of the end of March 2018, the scale of China’s foreign exchange reserves was US$3142.8 billion, an increase of US$8.3 billion from the end of February, or an increase of 0.27%. The strong strengthening of the renminbi, so do not wait and see, and now orders are earned.(From TERADA HARDWARE,www.teradahardware.com)

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