It had previously said the Chinese currency was "substantially undervalued".

之前说法的是中国的货币被“严重的低估了”。

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Now with the appreciation of the Chinese currency, it makes the situation worse.

现在随着人民币的升值，形式更加严峻。

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A more effective way to curb inflation would be to allow the Chinese currency to rise faster.

抑制通胀更为有效的途径是允许中国货币的加速升值。

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President Obama faces domestic political pressure of his own in dealing with the Chinese currency issue and its impact on trade.

VOA: standard.2010.03.23

Mr.Obama has said he will speak with Chinese officials about revaluing their currency,the yuan.

VOA: standard.2009.11.12

Foreign banks will be allowed to do business in the Chinese currency with Chinese households.

ECONOMIST: A $45 billion shot in the arm

If the Chinese currency is undervalued, its effect on U.S. business and job creation is negligible.

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The deal would also give Bear a boost in trading the Chinese currency once it floats freely.

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