Wednesday, April 19, 2006 

China's currency revaluation could lead to higher global inflation 

Will China's next big export be inflation? - Analysis - Times Online

If China were to submit to pressure from the US to revalue its currency against the dollar, this would increase the price of Chinese exports which would produce an immediate (and perhaps sharp) inflationary effect on the rest of the world.
posted by Paul  @ 11:19 AM 0 comments

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