Why China’s RMB Must Appreciate Further

Continuing its 22 percent appreciation over the past six years, China’s currency, the renminbi (RMB) reached 6.4495 per dollar, the Foreign Exchange Trade System announced on July 22.
Why China’s RMB Must Appreciate Further
China's 100 Yuan, or Renminbi, note, the largest denomination in Chinese currency. Frederick M. Brown/Getty Images
|Updated:

Analysis

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/bw98136639.jpg" alt="China's 100 Yuan, or Renminbi, note, the largest denomination in Chinese currency. (Frederick M. Brown/Getty Images)" title="China's 100 Yuan, or Renminbi, note, the largest denomination in Chinese currency. (Frederick M. Brown/Getty Images)" width="320" class="size-medium wp-image-1800241"/></a>
China's 100 Yuan, or Renminbi, note, the largest denomination in Chinese currency. (Frederick M. Brown/Getty Images)
Jin Jing
Jin Jing
Author
Related Topics