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China's Renminbi Revaluation: Small Step, Big Impact? bet wages - Knowledge

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China's Renminbi Revaluation: Small Step, Big Impact? bet wages - Knowledge .a “one-way bet” on rmb appreciation may have casinos bet wages a downside as well as an upside if investors (including speculators) rush into china, but wang predicts that any flow of hot money would be “manageable,” particularly if a capital gains tax is introduced. furthermore, “it may the bet wages and be the case that … in terms of what the chinese should expect from the revaluation, wang of ceibs underscores the importance of looking at it alongside another big change: the rise of chinese wages. …

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