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Comment: Migrated to Confluence 4.0

(red star)   This page is dedicated to identification and analysis of specific policy problems in China.

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NGO

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Cuicui comments:

This article claims that contrary to the traditional narrative that RMB is undervalued, reducing job opportunities in US, in reality RMB is appreciating because manufacturing jobs are losing in China and increasing in number in both US and other developing economics such as Brazil and Turkey. However, in my point of view, the article has several flaws: 1) The author only looked at the job reports for 2009 and 2010, which may not be conclusive; 2) The author seems to attribute the loss of manufacturing jobs only to exchange rate, ignoring other factors such as the fact that China is restructuring its economy.

Foreign Relations

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China Economics 

Financial System