Gartner analyst Jeff Woods gives a brief analysis of what could happen should China decide to allow the yuan, its national currency, to trade outside the boundaries of rigid government control. Many experts expect this to happen before the end of the year.
According to Mr. Woods, if the yuan is unleashed, “its value will likely rise, eliminating many of the motivations for companies to source products from China.”
What’s the tie to IT? “…Revaluation may reduce the level of major IT and process accommodations that manufacturers have recently yielded to large retailers in areas such global data synchronization and radio frequency identification (RFID).”
Read the summary here:
http://www.gartner.com/DisplayDocument?doc_cd=127588
