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Update index.html

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- <!doctype html>
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- <html>
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- <head>
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- <meta charset="utf-8" />
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- <meta name="viewport" content="width=device-width" />
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- <title>My static Space</title>
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- <link rel="stylesheet" href="style.css" />
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- </head>
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- <body>
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- <div class="card">
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- <h1>Welcome to your static Space!</h1>
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- <p>You can modify this app directly by editing <i>index.html</i> in the Files and versions tab.</p>
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- <p>
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- Also don't forget to check the
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- <a href="https://huggingface.co/docs/hub/spaces" target="_blank">Spaces documentation</a>.
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- </p>
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- </div>
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- </body>
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- </html>
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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+ <!DOCTYPE html>
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+ <html lang="en">
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+ <head>
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+ <meta charset="UTF-8">
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+ <meta name="viewport" content="width=device-width, initial-scale=1.0">
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+ <title>How Far Could the Yuan Devalue? </title>
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+ <style>
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+ body {
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+ font-family: Arial, sans-serif;
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+ margin: 20px;
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+ line-height: 1.6;
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+ }
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+ h1, h2 {
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+ color: #333;
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+ }
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+ .container {
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+ max-width: 800px;
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+ margin: 0 auto;
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+ }
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+ .section {
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+ margin-bottom: 30px;
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+ }
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+ .section h2 {
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+ border-bottom: 2px solid #333;
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+ padding-bottom: 5px;
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+ }
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+ .section p {
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+ text-align: justify;
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+ }
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+ .data-table {
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+ width: 100%;
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+ border-collapse: collapse;
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+ margin-bottom: 20px;
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+ }
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+ .data-table th, .data-table td {
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+ border: 1px solid #ddd;
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+ padding: 8px;
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+ text-align: center;
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+ }
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+ .data-table th {
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+ background-color: #f2f2f2;
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+ }
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+ </style>
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+ </head>
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+ <body>
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+ <h1>How Far Could the Yuan Devalue?</h1>
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+ <div class="section">
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+ <h2>From 7.5 USDCNY to 7.75 USDCNY</h2>
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+ <p><strong>Pros:</strong></p>
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+ <ul>
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+ <li>Modest increase in export volumes, making Chinese exports more attractive to foreign buyers.</li>
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+ <li>Slight increase in import prices, putting minor upward pressure on inflation.</li>
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+ </ul>
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+ <p><strong>Cons:</strong></p>
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+ <ul>
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+ <li>Higher import costs could affect businesses that rely heavily on imported components.</li>
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+ <li>Minor inflationary pressure could erode real purchasing power for consumers.</li>
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+ </ul>
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+ </div>
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+
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+ <div class="section">
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+ <h2>From 7.75 USDCNY to 8.00 USDCNY</h2>
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+ <p><strong>Pros:</strong></p>
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+ <ul>
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+ <li>Enhanced export competitiveness, potentially boosting export volumes.</li>
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+ <li>Rising import prices could lead to a shift in consumer spending towards domestic goods.</li>
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+ </ul>
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+ <p><strong>Cons:</strong></p>
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+ <ul>
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+ <li>Increased import prices could lead to higher costs for businesses and consumers.</li>
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+ <li>Moderate inflationary pressure could necessitate intervention by the central bank.</li>
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+ <li>Potential strain on international trade relations due to higher import costs.</li>
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+ </ul>
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+ </div>
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+
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+ <div class="section">
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+ <h2>From 8.00 USDCNY to 8.25 USDCNY</h2>
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+ <p><strong>Pros:</strong></p>
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+ <ul>
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+ <li>Significant boost in export competitiveness, potentially leading to a substantial increase in export volumes.</li>
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+ <li>Further rise in import prices could shift consumer spending towards domestic goods.</li>
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+ </ul>
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+ <p><strong>Cons:</strong></p>
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+ <ul>
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+ <li>Considerable inflationary pressure could erode real disposable income.</li>
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+ <li>Greater challenges in managing monetary policy, possibly requiring higher interest rates to combat inflation.</li>
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+ <li>Higher import costs could strain the budgets of households and businesses.</li>
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+ <li>Potential capital flight and strain on international reserves.</li>
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+ <li>Strain on trade relations with major trading partners.</li>
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+ </ul>
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+ </div>
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+
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+ <div class="section">
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+ <h2>Summary of Potential Outcomes at Each Increment</h2>
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+ <table class="data-table">
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+ <thead>
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+ <tr>
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+ <th>Exchange Rate Range</th>
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+ <th>Potential Pros</th>
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+ <th>Potential Cons</th>
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+ </tr>
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+ </thead>
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+ <tbody>
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+ <tr>
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+ <td>7.5 - 7.75 USDCNY</td>
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+ <td>Modest increase in export volumes; slight increase in import prices</td>
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+ <td>Higher import costs for businesses; minor inflationary pressure</td>
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+ </tr>
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+ <tr>
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+ <td>7.75 - 8.00 USDCNY</td>
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+ <td>Enhanced export competitiveness; increased export volumes; rising import prices</td>
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+ <td>Increased import prices; moderate inflationary pressure; potential shift in consumer spending; strain on trade relations</td>
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+ </tr>
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+ <tr>
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+ <td>8.00 - 8.25 USDCNY</td>
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+ <td>Significant boost in export competitiveness; substantial increase in export volumes; further rise in import prices</td>
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+ <td>Considerable inflationary pressure; greater challenges in monetary policy; higher import costs; potential capital flight; strain on trade relations</td>
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+ </tr>
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+ </tbody>
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+ </table>
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+ </div>
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+ </div>