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Thread: Can RMB appreciation curb inflation?
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[quote=JIMMYB,276160]Since last year, RMB has been appreciating very quickly. However, the prices has also been increasing very fast. Why do prices surge? Can RMB appreciation curb inflation? Those policy makers have different views on this issue. According to Reuters, reasonable RMB appreciation can ease inflation to some extent. Zhou Xiaochuan, the president of central bank of China. Chen Demin, the minister of the Department of Commerce, said that RMB appreciation couldn't settle the inflation in China. What do you think of it? Can RMB appreciation curb inflation?[/quote]
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