The government has yet to announce foreign currencies the yuan is linked to.
Do you agree with the idea that the NT dollar need not rise unless the Chinese yuan also rises?
The People's Bank of China is increasing the value of the yuan by two per cent.
These pressures are also raising the cost of keeping the yuan pegged to the dollar.
Reports showed that mainland car buyers defaulted on loans of up to 100 billion yuan last year.
The Central Bank of China recently announced changes in the exchange rate of Chinese yuan .
They expect Hong Kong to eventually become a testing ground for convertibility of the yuan .
During the late 1980s they had built two large fishing boats that cost half a million yuan .
The United States has urged China to allow greater flexibility in the yuan exchange rate.
In the short term, floating the yuan will likely lead to its strengthening.