Eswar Prasad prefers RMB appreciation to curb inflation.
http://www.brookings.edu/testimony/2011/0615_china_economic_development_prasad.aspx?rssid=LatestFromBrookings&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BrookingsRSS%2Ftopfeeds%2FLatestFromBrookings+%28Brookings%3A+Latest+From+Brookings%29