中国经济：人民币升值能否推动经济再平衡？-China Economics Could Renminbi Revaluation Lead to Economic Rebalancing

Vi e w p o i n t | 06 Jan 2026 23:20:40 ET │ 13 pages China Economics Could Renminbi Revaluation Lead to Economic Rebalancing? CITI'S TAKE RMB appreciation expectations are accumulating as China's trade surplus surges to a historic >US$1trn. The question goes further to whether a stronger currency will help rebalance the Chinese economy. Perhaps yes for external rebalancing, but certainly not for internal rebalancing, in our view. The latter still calls for more direct stimulus and structural measures to em ...