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China's real exchange rate should appreciate through higher domestic inflation, not currency revaluation.
Drawn from what Andrew Batson said
Our readingWhat is a korrent?
Drawn from what Andrew Batson said
My view is that an appreciation of China's REER is very much to be desired, but the real (haha) way to get there is through higher inflation domestically, and that means different macro policies.
Where this was said
↗Real talk about the exchange rateandrewbatson.com
All 3 korrents from this piecethis one is 1st
Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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