True, not long ago the renminbi was substantially undervalued, and China’s trade surpluses were very large. That situation is changing.
诚然，人民币不久前还处于严重低估的状态，中国的贸易盈余也相当巨大。但这一状态正在改变。调整的力量正在中国经济中见效，因此对中国的外部观点也应该作出调整。