Chinese Yuan

I would like to hear more from the experts on the revaluation of the Chinese Yuan. There is to be a meeting of the G20 on 26/27 of June and it looks like the Chinese are trying to avoid legitimate criticism of their currency value.

The problem is that with our reliance on Chinese imports these will now have to rise, and we cannot replace their products with our own, because we can no longer manufacture them. Accordingly, the price of Chinese imports will rise substantially, with the effect on our Retail Prices Index. We are just so doomed.