Your English writing platform
Discover LudwigSimilar(60)
But if you accept that RMB undervaluation is a major problem and is indistinguishable from broad export subsidies, then to say that America should do nothing to respond to it is to say that we should run a trade deficit and put our own manufacturers at a disadvantage to help maintain political stability and the popularity of the government and Communist Party in industrial regions of China.
The failure to address currency manipulation and undervaluation has been a major cause of the U.S. trade deficit and manufacturing decline.
CHINA'S currency has long been undervalued, and this undervaluation has long been a sore spot for China's trading partners.
Whenever the undervaluation index exceeds one, the currency is considered undervalued.
The euro is already undervalued and the question is whether an even greater undervaluation will drive demand.
CHAN Also, undervaluation of currency and limited freedom of speech.
Panmure Gordon estimated a £1bn undervaluation (which proved conservative).
In its most recent installment of a twice-yearly report to Congress on the exchange and economic policies of the United States' major trading partners, the Treasury Department said that China has "resisted very strong market pressures" for currency appreciation and that its "real effective exchange rate exhibited persistent and substantial undervaluation".
How does China's undervaluation of its currency fit into this?
We find little evidence that undervaluation, payout policies, and capital structure are significant drivers of ASRs.
Other analysts say that an undervaluation of 10 percent of more remains significant.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com