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29 June, 2005

-image-renminbi revaluation

Brad Setser offers a neat dissection of an Asia Times item on the possible effects of a renminbi revaluation.:

This article struck me as confused, even for an article that tries to summarize a range of different views on the RMB.

I just don’t see how a RMB revaluation can both:
1. Have a limited impact on the US bilateral trade deficit with China….
2. Decimate Chinese exports….

by myrick @ 7:41 am. Filed under Asia, China, East Asia, Economy, Money, Northeast Asia

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