Summary | While the Rmb has appreciated noticeably on a
trade-weighted basis in recent months, due to the weak euro,
the competitiveness of China's exports has not been eroded too
much, as other EM economies' currencies have also strengthened
synchronously.
trade-weighted basis in recent months, due to the weak euro,
the competitiveness of China's exports has not been eroded too
much, as other EM economies' currencies have also strengthened
synchronously.
chinastakes.com | 04 September 2015