The July/Aug 2007 Issue
China Should Speed Up the Yuan's Rise http://www.feer.com/articles1/2007/0707/free/p014.html
July/August 2007
by Jonathan Anderson
In this article I will contend two points. First, many of the common arguments for and against the revaluation of the yuan are misguided. And second, at the end of the day China would clearly be better off with a stronger currency-for its own sake, and not just as a means of preventing global pressure-and would do well to move faster than the present pace. I'll get to the "real" case for revaluation shortly. But first, we need to address the most common myths about the Chinese exchange rate. http://www.feer.com/articles1/2007/0707/free/p014.html
Mr. Anderson is chief Asian economist at UBS.
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