人民幣

RIPPLE EFFECT ACROSS ASSET CLASSES

Analysts say that a revaluation of the renminbi would trigger sharp and wide-ranging movements across asset classes, writes Peter Garnham

It would give Chinese importers more buying power – potentially supporting prices in global commodities markets.

Meanwhile, Asian currencies such as the Korean won and the Taiwan dollar would have more room for appreciation, at least as far as the region's governments resisted the temptation to intervene.

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