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China's real exchange rate should appreciate through higher domestic inflation, not currency revaluation.
Drawn from what Andrew Batson said
What Andrew Batson actually said
Word for word, with the source under each one. They did not write this page.
China economy researcher based in Beijing who writes on…
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
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