Recently electronic products exporting is one large portion in Chinese export field and with the phenomenon of emerging rising domestic companies, it is attracted much attention. While, many scholars put pressure on RMB to appreciate, for RMB appreciation could rebalance World economy even China’s trade. However, empirical evidence on effects of RMB exchange rate change would have negative effect on electronic products export which is one kind of processed export. In electronic products exporting, much value-add in final goods is importing from South Korea Japan and other East Asian supply chain countries. Therefore, exchange rate movement in these countries is rather important to investigate.