https://mikenormaneconomics.blogspot.com/2011/05/michael-pettis-on-rmb-appreciation-and.html
Michael Pettis on RMB "Appreciation" and Rebalancing ~ Mike Norman Economics
Many people have been arguing that the RMB has been appreciating againt the dollar and that rebalancing has begun. Michael Pettis says, in n...
michael pettismike normanrmbappreciationrebalancing