TITLE

DOMESTIC FIRMS AIDED BY ARTIFICIAL CURRENCY WEAKNESS

AUTHOR(S)
Gibson, Jane; O'Driscoll, Cath
PUB. DATE
May 2006
SOURCE
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p23
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20864484

 

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