Coca-Cola, Panasonic, Sony, and Baidu have all tapped Ctrip's savvy corporate-travel program to track employee trips and save renmimbi.
可口可乐,松下电器,索尼和百度都和携程打成了公司旅游合作计划来为员工设计独家线路,同时,这也是为了节省公司成本考虑。
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Moreover, China is embarking on the slow process of strengthening its currency, the renmimbi.
FORBES: China Rate Increases Not Done Yet, Says Nomura
Beijing has said that it would gradually allow the renmimbi (RMB) to appreciate against the dollar.
FORBES: US Companies In China: Senate Anti-Yuan Bill Won't Create Jobs
Another way to cut inflation is to let the currency, the yuan (or renmimbi), appreciate faster.
FORBES: China Resource Demand Continues, Despite "Slowdown"
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