yuan`s real effective exchange rate

Record yuan strength hurts Chinese exports, immediate let-up unlikely

China`s exports in the first five months rose 0.7 percent from a year earlier, far from the government`s target of 6 percent this year. Exports to Europe and Japan fell 6.9 percent and 8.1 percent, respectively, and shipments to Southeast Asia were flat.

Jun 11, 2015, 14:10 PM IST