And you can see that China's real effective exchange rate has scarcely moved since that time; there has been a little appreciation, but nothing dramatic.

而人民币实际有效汇率从那时起几乎没有起伏；只有小幅升值，幅度不大。

youdao

But there was nothing as dramatic as, say, an income-tax change.

但没什么比所得税的变化更富有戏剧性的了。

youdao