Timothy Geithner, America's treasury secretary, postponed the publication of a report on international exchange-rate policies that was expected officially to declare that China manipulates its currency. Mr Geithner wants first to use a series of high-level meetings to press China further to move “to a more market-oriented exchange rate”. Some economists estimate that the yuan is undervalued by as much as 40%, benefiting Chinese exporters but hurting others. See article
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Excluding transportation goods, some economists estimate orders rose a milder 0.5%.
除去交通产品,有些经济学家估计订单量仅上升了0.5%。
Some economists estimate that the yuan is undervalued by as much as 40%, benefiting Chinese exporters but hurting others.
部分经济学家估计,人民币贬值了40%,这有利于中国的出口,但损害其它国家的利益。
But there is considerable skepticism about official statistics. Some economists estimate the true inflation rate is above 6%.
但是官方数据相当值得怀疑,一些经济学家估计实际的通货膨胀率超过了6%。
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