The fluctuation of China's currency, the RMB, affects its trade terms. By studying this, we see that the RMB exchange rate has a big impact on how well China trades with other countries. The study looked at how the RMB's value affects different ways of measuring trade success. It found that the RMB's value has a significant effect on one type of trade measure, but not on another. This shows that changes in the RMB's value can affect how well China trades with other countries in different ways.