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340 billion RMB ($41.06 billion). The profit margin rates of many exrters are below the reimbursement rate. As the default of payment accumuted year-by-year, some exrters have fallen into liquidity problem while waiting for the payment of tax reimbursement in arrears.

    So a should not be afraid to bee  in trade, like it has during many periods of greatness. If the dragon bees be  for years or even decades, the most foreseeable sequence is that RMB will be an iional currency. To suprt an iional currency, a should build ‘a stable macroeiviro, an effit market meism and a healthy banking system’ as ese Premier Wen Jiabao mentioned as the pitions for a revaluation of R
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