Die USA wiederum verstehen nicht, warum China mit der Aufwertung des Renminbi zögert, wenn damit doch ein Beitrag zur Eindämmung des Inflationsdrucks in China geleistet würde.
It is much more efficient than taxation as a means of skimming a significant share of payments for Chinese exports, which accrue as currency reserves and can be used at the central government’s discretion. This has made the central government very powerful, attracting the best brains into its service.