不过，一些经济学家认为，中国应该欢迎较高的通胀率，它可以比货币升值更有效地使中国经济实现再平衡。
Some economists, however, believe that China should welcome higher inflation as a more effective way to rebalance its economy than a currency appreciation.
为了使需求实现平稳转变，他们必须允许本国货币升值。
For the shift in demand to take place smoothly, they have to allow their currencies to appreciate.
今年的市场震动使投资者对美元如饥似渴，但在此之前已经有一些货币升值的步伐超过了美元。
A handful had comfortably outpaced the dollar this year before the latest market tremors had investors grasping for greenbacks.
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