A Higher Yuan: When, Not If


By David Cohen

BETTING ON THE YUAN. Meanwhile, the Chinese export juggernaut shows no signs of slowing. China recently reported December trade data showing export growth remaining robust, rising 32.7% year-over-year, and up 4.7% from the previous month (on a nonseasonally adjusted basis) to a new high. Imports grew by 24.6% year-over-year, and these figures also set a new record.


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