The phrase "a faster appreciation" is correct and usable in written English.
It can be used when discussing the speed at which someone or something comes to understand or value something.
Example: "The new training program has led to a faster appreciation of the complex concepts among the students."
Alternatives: "a quicker understanding" or "an accelerated recognition".
UBS Securities said, "For now, the weakening exports, strong imports and narrowing trade surplus should help China resist calls for a faster appreciation" of the renminbi.
He spoke as euro-area policy makers pressed China at an Asia-Europe meeting in Brussels for a faster appreciation of the currency to help rebalance the world economy.
Its refusal to allow a faster appreciation of the yuan has been blamed by some for helping build up the huge global financial imbalances that now seem to be unwinding so fast.
China's recent decision to allow a faster appreciation of its currency against the dollar has been driven, in no small part, by the desire to head off nasty domestic inflation.The omitted facts are more troublesome, still.
President Hu is scheduled to travel to the United States on Monday and will meet on Thursday with President Bush, who is expected to press China to improve intellectual property protections and allow a faster appreciation rate of the yuan against the dollar.
Hong Liang, a Goldman Sachs economist based in Hong Kong, expects faster appreciation next year but not a one-time revaluation.
And while the effect on American workers is far less than imagined, workers in the developing world stand much to gain from a faster renminbi appreciation.
A sustained appreciation of the yuan could ease frictions somewhat with the United States, the European Union and Japan, all of which have criticized China for not allowing faster appreciation.
Articles and editorials in government-controlled newspapers have argued that the time is right for faster appreciation.
But it noted that if the renminbi continues to gain — either through faster appreciation or sustained higher inflation — the surplus will be smaller.
But while some Chinese experts want faster appreciation, the political consensus within the government is to allow it to continue to gain value slowly.
