Yuan undervalued by 30 pct or more: Japan's Kuroda

China could face a serious asset price bubble or inflation if it does not increase the value of the yuan. Former top Japanese policymaker Haruhiko Kuroda told an IMF seminar: "If the current exchange rate regime is maintained, there could be a huge asset bubble or serious inflation in the future, and in the end the regime might have to be abruptly abandoned due to a speculative attack".

Source: Reuters

The yuan is at least 30 percent too cheap and China could face a serious asset bubble or infl