First, I think the RMB is not undervalued currency.
第一，我认为人民币的币值没有低估。
Chinas currency is substantially undervalued in the IMFs view.
购买力平价方法显示出货币从长远来看的价格。
Indeed, both seem to be enjoying the effects of an undervalued currency.
事实上，两国似乎都很享受汇率低估带来的好处。
These companies also fight behind the shield of a grossly undervalued currency.
这些公司也在被严重低估得货币得保护下竞争。
These policies have the effect of keeping the Chinese currency substantially undervalued, he said.
这些政策产生了人民币汇率保持明显低估的效果，他说
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