Gibson, Jane; O'Driscoll, Cath
May 2006
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p23
Trade Publication
The article focuses on the implications of the revaluation of the Chinese yuan. The Chinese government is concerned about the effect of currency revaluation on the export market. About 10% of the gross domestic product of China will be affected by the depreciation of the U.S. dollar against the yuan. The yuan is expected to appreciate against the dollar at a range of 3%-4% in 2006 and 2007.


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