机译:@@ IntroductionOn June 21, 2010, in the run-up to the G-20 meeting in Toronto, China announced that it would shift to a more flexible exchange rate policy. From mid-June to July 30 the yuan rose 0.8 percent against the dollar. In contrast, the currency had re-mained fixed (at about 6.83 yuan to the dollar) from September 2008 to early June 2010. Pres-sure not only from the United States and the European Union but also from Russia, Brazil, and India as well as the IMF seems likely to have played a role in China's decision, although con-cerns about domestic inflation may also have been a factor.
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