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Subscriber OnlyMarketsGlobal Reflation Trade Gains New Momentum From China’s YuanYuan real exchange rate is most overvalued among 32 currenciesChina is likely to export inflation as its goods become dearerPhotographer: SeongJoon Cho/BloombergByMasaki Kondo+FollowApril 19, 2021, 11:59 PM UTCUpdated onApril 20, 2021, 10:01 AM UTCSign up for Next China, a weekly email on where the nation stands now and where it's going next.China’s yuan is overvalued, and that could end up stoking global inflation.
