Estimates of the degree of undervaluation vary massively .
对于人民币汇率低估程度的各种估算差异极大。
They argue that asian economies are pursuing a deliberate policy of currency undervaluation to ensure strong export-led growth .
他们认为亚洲经济体正在有目的地奉行压低货币汇率的政策,从而确保出口拉动经济增长的强劲势头。
The effect of this currency undervaluation is twofold : it makes chinese goods artificially cheap to foreigners , while making foreign goods artificially expensive to the chinese .