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productivity |
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Yet Paulson would be the first to point out that because China's domestic sector suffers from such low productivity, any significant appreciation of the RMB would completely wipe out its export competitiveness. However, low productivity levels remain a major issue in China. As reported by the Rwandan Ministry of Commerce, Industry, Investment Promotion, Tourism and Cooperatives, exports of major agricultural products, such as fruit, coffee and tea, have been facing major constraints due to high airfreight transport rates, lack of cold storage systems and low productivity. |
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