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China faces increasing international pressure in its yuan (CNY) exchange rate against the US dollar. The current exchange rate is CNY 6.5601/$. In his private

China faces increasing international pressure in its yuan (CNY) exchange rate against the US dollar. The current exchange rate is CNY 6.5601/$. In his private meeting with President Obama, the then Chinese President Hu Jintao had suggested an exchange rate of CNY 6.3601/$ as a possibility. The percentage change under this proposal by President Hu Jintao is ______%. (3.1446) (3.0487) 3.0487 3.1446 3.0571

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