As to whether the Renminbi should be allowed to appreciate, I feel that by raising interest rates and adjusting the exchange rate they can undoubtedly reduce the money supply, but it will also put tremendous cost pressure on manufacturers. If the shock is too great, widespread unemployment could result.
因此對人民幣是否應該升值，我認為，用升息和調匯固然可以減少貨幣供給，可是也會帶給製造業極大的成本壓力，衝擊過大將引起廣大失業問題，那才是中共政權不可承受之重。