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Thread: EU puts pressure on China to appreciate its RMB!
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[quote=KEVIN0518,250507]In macro-economy theory, the increase of domestic products' prices surely has impact on its exports. Then the trade surplus could be decreased. At the same time its currency is at the risk of depreciation. However, the situation is different in China. inflation might occur though the prices are keeping increasing. What does this suggest? China's economy is not developing balancedly. In this situation, China should make its currency policy independently to prevent inflation, not yielding to other nations.[/quote]
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