If some countries manage their exchange rates and keep them artificially low, the burden of adjustment falls on some countries that do not manage their exchange rate so actively.

如果某些国家管理它们的汇率、人为压低汇率，那么调整的负担就会落在一些不那么积极管理汇率的国家身上。

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But just how much pain lies ahead will also depend on local factors, from the scale of the exchange-rate adjustment that has already taken place to the size of countries' reserves.

但是，今后的痛苦的程度还取决于从已经发生了的汇率调整幅度到国家外汇储备规模等一系列自身的因素。

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The adjustment of RMB exchange rate has a great influence on China's auto industry, especially on auto import-export trade, and causes a certain financial risk and operation risk.

人民币汇率的调整对我国汽车工业特别是汽车进出口，带来一定的金融风险和经营风险。

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The US insisted the appreciation of the renminbi had not gone far enough, with Mr Lew, saying "the process of exchange rate adjustment in China remains incomplete and more progress is needed".

CNN: Leading economies promise to boost growth

They recognized that this is important in China that the -- the exchange rate to absorb more of the adjustment.

WHITEHOUSE: Via Telephone

This is the value of an exchange-rate peg in an economy such as Hong Kong's: adjustment to external shocks takes place through changes to domestic prices, rather than through exchange-rate levels.

ECONOMIST: Hong Kong