In July 2005, China to revalue its currency by 2.1% and adjust its exchange rate regime to a market system. Esquel Group, a family, a private textile company specializing in high-quality cotton shirt with its most important production bases are located in China, was among those companies faced with the decision revaluation of the yuan and the possibility of future appreciation. Provides an overview of China's textile industry and the background of Esquel. "Hide
by Laura Alfaro, Rafael Di Tella, Ingrid Vogel Source: Harvard Business School 8 pages. Publication Date: Mar 06, 2006. Prod. #: 706023-PDF-ENG