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Continued yuan appreciation is no longer such a sure thing

Posted on 10 February 2014

It looks likely that one day the yuan will become too strong for China’s economy to bear and will lead to a depreciation of the currency. In an age of uncertainty, one of the few apparently safe bets has been that China’s currency, the yuan, will continue to appreciate in value.
After all, despite a modest slowdown, China is still growing at a much faster pace than any other major economy. And as members of the US Congress keep telling us, the yuan is fundamentally undervalued, and really ought to strengthen…………………………….Full Article: Source


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VRS - who has written 41254 posts on Opalesque Commodities Briefing.


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