There are various sayings about the recent RMB depreciation's impacts over China's economy, or even global economy. Some are assuming that this governmental action was to stimulate China's exports, some are saying that this was to increase the domestic demands, and some are criticizing that this was affecting the economy.
Amid the unstable RMB exchange rate mechanism, Ark made a decision to adjust our USD price so as to give clients a preferential price with a nearly 3 percentage points discount, following the RMB depreciation a few days ago.
Ark believes there are still a lot more to explore. Steady movement towards the projects is the truth.