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The snag is that a small revaluation is likely to increase expectations of another future appreciation, attracting yet more speculative capital and swelling foreign reserves further.
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The danger is that this could encourage the expectation of further appreciation, attract even bigger capital inflows and so exacerbate inflation.
The snag, however, is that a small revaluation of only 5% might encourage expectations of a further appreciation and attract more capital inflows.
Mr Kroeber argues that rebalancing the economy by running an inflation rate of 4-6% would be preferable to either a sharp increase in the yuan, which could cause big job losses in export firms, or a gradual appreciation which attracted large speculative capital inflows, as happened in 2005-08.
Therefore, how to further enhance the value of anti-counterfeiting and appreciation has attracted the attention of researchers in this field.
When you show appreciation, you attract more goodness into your life.
Our guest speakers make a significant effort to come lecture for us, so (both to show our appreciation and to continue attracting interesting speakers) we do not want them lecturing to a largely empty room.
So far, a Facebook page for Gun Appreciation Day has attracted 1,680 Likes.
But they dated badly and today his combination of prissy precision and heroic macho tends to attract appreciation mainly as a camp.
Recently, new techniques, including microsurgical techniques, in plastic surgery have emerged and developed, permitting rapid progress in clinical work and attracting attention and appreciation in other parts of the world.
Another factor attracting new-home buyers is the appreciation in housing values, particularly as stock prices decline, economists said.
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