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China's Exchange Rate Regime (Routledge Studies on the Chinese Economy)

China Development Research Foundation




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 | #3793355 in eBooks |  2014-12-05 |  2014-12-05 | File type: PDF

||About the Author||China Development Research Foundation is one of the leading economic think tanks in China, where many of the details of China’s economic reform have been formulated. Its work and publications therefore provide great insig

The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China’s exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that further reform is still needed. This book reports on a major research project undertaken following the 2005 reform to assess the impact on China’s economy. It con...

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