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And an export-boosting devaluation of the RMB might be just as easily taken by investors as a bullish signal for shares.
More important, devalued currencies and strong exports boosted growth while they wrestled down their deficits.
Record exports boosted Taiwan's trade surplus to $1.3 billion in October; the 12-month surplus rose to $8.1 billion.
No question about it, a good trade deal can boost exports, boost the economy, boost employment..
David Cameron will fly to China today at the head of a delegation of more than 40 business leaders in a drive to win a multi-billion pound export boost for British business in the world's fastest-growing major economy.
Mr Wen also spoke of transforming China's economy to one less dependent on exports by boosting domestic spending.
It could be a timely reminder to George Osborne, tipped to announced further export-boosting measures in next week's budget, that Britain can compete with China in a global trade where cost often determines manufacturing location.
The report, which gathers the views of around 1,500 businesses, said expectations for an exports boost have also waned, with hopes of a total rise in global export sales dropping 15 points to 20%.
Investors seemed to take heart in Seouls export-boosting efforts for 2009: The Ministry of Knowledge Economy said Friday that it forecast a 1.0% rise in exports in 2009, after they fell a worse-than-expected 17.4% in 2008, leading to the countrys first trade deficit in a decade.
Exports boost?
That has reduced America's imports, as well as boosting exports of fuels (exports of crude oil are mostly banned).
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