July 21, 2005 China to revalue its decade of quasi-fixed exchange rate of about 8.28 yuan per U.S. dollar by 2.1% to 8.11%, and at the same time, introduced a more market-based exchange rates. Many analysts and economists were disappointed that they perceived little change, and called for more flexibility in the yuan U.S. dollars. Provides a schedule of further developments with respect to the Chinese yuan. "Hide
by Laura Alfaro, Rafael Di Tella, Ingrid Vogel, Rene Kim, William Russell Source: Harvard Business School 13 pages. Publication Date: Mar 03, 2006. Prod. #: 706022-PDF-ENG
Related Case Solutions & Analyses:
Case of the Unidentified Industries–2006
Duane Morris: Balancing Growth and Culture at a Law Firm
Apple Computer 2006
JetBlue Airways: Deicing at Logan Airport
The Dannon Company: Marketing and Corporate Social Responsibility (B)
Sales Force Integration at FedEx (B)
Intel Corp. 2005
Introduction to Patents and Trade Secrets
The De Beers Group Exploring the Diamond Reselling Opportunity
Xiameter
