This currency shift is, of course, the functional equivalent of a large hike in the price of Chinese exports. Add to that continued sluggishness in global demand, and the once-powerful Chinese export machine is suffering, with total exports down by 3% year on year in January.
当然，这一货币变迁在功能上等同于中国出口品价格的大幅攀升。此外，全球需求的持续停滞，曾经强大无比的中国出口机器正在遭遇困境，1月份总出口同比下降3%。对出口占GDP25%左右的中国经济来说，这绝不是无关紧要的发展趋势。