‘China rushes to pull back the yuan from a three-year high’

Read the excerpt from article ‘China rushes to pull back the yuan from a three-year high’ below link and answer the question that follows.

In less than 800 words, evaluate the pros and cons of renminbi appreciation from China’s perspectives and discuss the underlying factors that affect a country’s exchange rate.

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For the content of the answer, please correspond to PPT-unit 4 in the attachment.

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