China Economists Urge Renewed Yuan Rise

http://www.cnbc.com/id/36094023

Lifting the value of the yuan would ultimately benefit China's own growth, by dampening inflationary pressures and making imports relatively cheaper, Huang argued.

"An appropriate appreciation of the renminbi would be to China's own benefit," Huang wrote in the March issue of the International Economic Review, a Chinese-language policy journal.

"This could increase the flexibility of monetary policy, develop financial markets, expand domestic consumption and promote structural adjustment of the economy, helping to keep a balance between inflation and exchange rates," Huang wrote.