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Thread: News article: “Global tourism soars, China set to surpass Spain”
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[quote=APAULT,248413]I doubt that the rising value of th RMB is hgoing to make much difference. A 6% rise in 18 months is 4% a year. But the cost of goods and services is perhaps on average10 times greater than here, or in percentages 1000% of Chinese prices. It's going to take a lot of 4% increases to erode that price difference.[/quote]
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