September 23, 2012 at 19:15 PM EDT
Can China Increase Export Competitiveness?
Three weeks ago the Wall Street Journal published my OpEd piece about concern that China may try to make the rebalancing process less painful by allowing the RMB to depreciate. In the piece I argue that this isn’t as obvious as you might think. From July 2005 to February this year the RMB rose by just over 30% [...]
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