The recent slide of the renminbi and February’s weak exports have been linked by some to a supposed loss of competitiveness in China’s export sector. In fact, despite rapid wage growth and trend appreciation of the currency, Chinese exporters are still increasing their global market share. Competitiveness concerns do not provide any grounds to believe that the renminbi should weaken.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services