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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

  1. Andrew Batson China economy researcher based in Beijing who writes…
    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.

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

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