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"\nMany believe that if China revalues the yuan, with US$2.5 trillion in reserves, it will lose US$25 billion for every 1 per cent appreciation of the currency. One rather excitable English economist at a Shanghai university even claimed that this loss would represent an equivalent profit to the US government.\n\nThese views are wrong - the latter almost comically so. In fact, it is difficult to say if China as a whole will benefit or suffer from an appreciation, but it is more likely  it will gain rather th..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.scmp.com/article/709975/why-china-gains-yuan-revaluation>