Indeed, Oxford Analytics has recently reported that even a 25 percent appreciation in China's currency would bring about only a marginal change in the trade deficit.
2
自7月中旬,中国停止人民币对美元的升值,令人担忧;事实上,人民币汇率已下降1%。
It is worrying that since mid-July China has stopped allowing the yuan to rise against the dollar; indeed, the currency has since fallen by 1%.
3
自从2005年北京取消了人民币对美元的固定汇率制度以来,人民币迄今为止已经升值18%。
The yuan has increased in value by 18 percent since Beijing ended its fixed exchange rate with the dollar in 2005.