Chinese currency re-valuation

My US salary is shrinking in China. (CRYING ...)

source: china stock blog

The Chinese government announced it has re-valued its currency by 2.1%.

• Effective immediately the exchange rate will shift from RMB 8.28 to the US $ to RMB 8.11 to the US $.
• The RMB (Yuan) will no longer be pegged to the US dollar and will float in a tight 0.3% band against a basket of foreign currencies beginning tomorrow.

How will the re-valuation affect both Chinese companies and those companies doing business in China? We have comprehensive coverage on re-valuation including interviews with public company CEOs, quotes from management teams of public companies (from conference call transcripts), and analysis from external sources:

1. Barron's on stocks that could benefit from re-valuation
2. Business Week on stocks that could benefit from re-valuation
3. NY Times on winners and losers from re-valuation
4. Matthews China (ticker: MCHFX) fund manager on re-valuation
5. How re-valuation affects China ETFs FXI and PGJ
6. A major US retailer on possible effects of re-valuation on its business
7. Ctrip (ticker: CTRP) on possible effects of re-valuation on its business
8. A Chinese micro-cap company CEO on re-valuation
9. How re-valuation might affect China real estate