The study looked at how changes in the value of China's currency, the RMB, affect the country's economic growth. By analyzing data from 1995 to 2014, the researchers found that when the RMB's value goes up, it can hurt trade by making imports more expensive. This can lead to a decrease in net exports over time. Additionally, fluctuations in the RMB's value can also impact foreign investment, but the effect is not very strong. In the short term, a stronger RMB can help the economy grow, but in the long term, it may actually slow down economic growth. To prevent any negative effects, it's important to keep the RMB's value stable and take measures to ensure sustained economic growth.