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Thread: RMB value
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[quote=SKYVIA,417364]if RMB value is equal dollar ,it does not mean that china is a very developed country .In my opion ,RMB appriciate too much ,will damage our export .foreign trade takes up large part in the GDP .If the RMB appriciate too much ,price of exported goods will grow that is bad for export .because many foreigners do not buy our goods.For example Japan is very rich,but the value of their monery is low .the low money value promote the export and accelerate the econmic development .[/quote]
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