Hotline: 1800 102 2007
X
Search Business Opportunities
2011-04-02

Undervalued Yuan benefits import

An artificially undervalued currency gives China a distinct advantage in the export market.

China's policy to keep its currency artificially undervalued gives it a huge economic advantage and impacts India's trade.

In the paper, 'The Implications of Renminbi Revaluation on India's Trade', S Arunachalaramanan and Ramesh Golait of the Reserve Bank of India (RBI) have said that an artificially undervalued currency gives China a distinct advantage in the export market.

"By keeping renminbi (RMB) undervalued against the US dollar (USD) and depreciating it in line with the USD in the international market without taking into account the economic fundamentals of China, it invariably and distinctly provides competitive advantage over its trade competitors and trade partners including India," the paper said.

It added that any revaluation of the RMB, also known as Yuan, will have an impact on India's trade, particularly its imports

Related opportunities
  • Opticians/Eye Wear
    About Us: Naytr is an eyewear brand offering a complete range..
    Locations looking for expansion Delhi
    Establishment year 1998
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About: Arise ‘n’ Shine was established in 2003 in Great Lakes Michigan (North..
    Locations looking for expansion Tamil nadu
    Establishment year 2003
    Franchising Launch Date 2011
    Investment size Rs. 5lac - 10lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Bars, Pubs & Lounge
    Company Profile A true hideaway in Delhi, PCO has garnered much..
    Locations looking for expansion New Delhi
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 2750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Other Vocational Training
    Started in 2006, Indian Institute of Computer Science (IICS) is..
    Locations looking for expansion Haryana
    Establishment year 2006
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts