In July 2005, China to revalue its currency by 2.1% and adjust its exchange rate regime to a market system. ABB, the global power and automation technology company based in Switzerland with operations in China, was among those companies faced with the decision revaluation of the yuan and the possible future course. Provides background information on the activities of ABB in China, as well as incentives provided by Chinese officials for multinational companies to move inland. "Hide
by Laura Alfaro, Rafael Di Tella, Ingrid Vogel Source: Harvard Business School 10 pages. Publication Date: Mar 06, 2006. Prod. #: 706035-PDF-ENG
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