Topic “yuan appreciation” — Exporter Magazine
Although the yuan is currently facing appreciation pressure, it’s possible that the currency will face depreciation pressure within two years, when China’s trade surplus falls to zero, according to ChinaDaily. Since the June 19, 2010 announcement by China’s central bank of greater exchange rate flexibility, its currency, also known as renminbi has appreciated 3.7% against the dollar, or about 6% annualised. The renminbi has appreciated 26% in total against the dollar since 2005. 
