The Chinese government is gradually allowing the yuan, or renmimbi, to appreciate against the dollar and Wen said the Central Bank will continue to adjust the value of the renminbi in the same, steady way.
Some analysts, looking at a recently released Chinese central bank report, think the Chinese will adjust the currency's value in the spring or the summer, but the evidence of the intention to do so is ambiguous at best.
If the Durham team's figures are used to adjust grades, the real value of newly minted A-levels has fallen a little compared with their face value every year since 2003, as slightly more students choose easier subjects over hard ones than did the year before.