Nimble Exporters Add Weight to Forex Reform

Not only did China's crucial export sector survive recent foreign exchange adjustments but some overseas traders actually came out ahead, according to a central bank deputy governor, adding weight to initiatives for rate reform.

Exporters, many hard-hit by the global financial crisis, have been among the fiercest opponents of currency reform moves, including a recent decision that strengthened the yuan against the U.S. dollar for the first time since 2008.