UPS will be raising base rates 5.9% beginning January 2, 2012. International shipments will increase by 6.9%.

The upside (if you can call it one) : the new rates will be somewhat offset by the reduction in UPS fuel surcharges – 1% for ground packages and 2% for all air shipments.

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Source: http://money.cnn.com/2011/11/18/news/companies/ups_rates/index.htm

The Chinese yuan continues to strengthen against the US dollar. On Monday, November 14, the Chinese Foreign Exchange Trading System listed the yuan as rising 16 points to 6.3301.

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Source: http://www.chinadaily.com.cn/bizchina/2011-11/14/content_14091072.htm