By January 2010, RMB had appreciated by 21.2 percent against the U.S. dollar and 4.6 percent against the euro, compared to July 21, 2005 when the RMB exchange rate formation mechanism reform was adopted. According to statistics released by the Federal Reserve, during the period, the nominal broad dollar index depreciated by 8.7 percenthas depreciated greatly ...
The free trade area agreement is one of the most dynamic instruments for bilateral and regional economic cooperation, and is also an important step toward regional economic integration with profound political and economic influence.
Although the global financial crisis is not yet over, we should not only start thinking about its lessons, but also to explore into the reason why China's economy has recovered so rapidly.
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