Business News

Poll: Will a 20% Rise in Yuan Hurt Chinese Economy?

U.S. companies with investments in China are raising concerns about a planned congressional bill to pressure Beijing to revalue the yuan, saying the move will do more harm than good to bilateral ties also frayed by mutual mistrust and suspicion.

This comes as Chinese premier Wen Jiabao said last week that a 20 percent appreciation in the yuan would severely hurt the country's exporters. Do you agree? Let us know what you think, by taking part in the poll below.