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IN the last few months the Chinese Govern-ment has allowed the Chinese currency toappreciate, meaning the possibility of thecountry losing its low-labor-cost advantageand its export might. In this mon
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IN the last few months the Chinese Govern-ment has allowed the Chinese currency toappreciate, meaning the possibility of thecountry losing its low-labor-cost advantageand its export might. In this month's columnwe will discuss how RMB appreciation couldimpact some low value-added industrieswhile conversely benefiting import-orientedindustries.
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