china: news and opinion

Starbucks and the overvalued yuan

Is latte at Starbucks in China overpriced or is the local currency, the yuan, unexpectedly overvalued? The former is certainly more plausible, but it might be equally true that the yuan, if not overvalued, is at least not as undervalued as other measures... ...full story at Countdown to Beijing

from Countdown to Beijing on Fri, Sep 25 2009

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