" I don't think we'll see either a big devaluation or a market-driven large depreciation of the renminbi this year."
Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics, talking about the Chinese economy at a seminar on the prospects of the global economy on Monday.
I’ve lived in China for quite a considerable time including my graduate school years, travelled and worked in a few cities and still choose my destination taking into consideration the density of smog or PM2.5 particulate matter in the region.