Yuan's Rise Puts China's Exporters on Thin Ice China's foreign exchange regulator has been urging banks to encourage their corporate clients to hedge against currency risks.
The move indicates policymakers' concern about the impact of a strong yuan on exporters, one of the few sectors propping up an otherwise sluggish economy.
The sector's gains come at a cost: the rising yuan has hurt some exporters for months, with losses reaching their highest in a decade according to Goldman Sachs analysts.