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China's currency : economic issues and background / editors, Lucy M. Brooks and Julie E. Watson.
- Format:
- Book
- Series:
- China in the 21st century (Commack, N.Y.)
- China in the 21st Century
- Language:
- English
- Subjects (All):
- Monetary policy--China.
- Monetary policy.
- Foreign exchange rates--China.
- Foreign exchange rates.
- China--Economic policy--2000-.
- China.
- Physical Description:
- 1 online resource (151 pages) : illustrationsa, tables.
- Place of Publication:
- New York : Nova Science Publishers, Inc., 2011.
- Summary:
- Over the past several years, the Chinese government has maintained a policy of intervening in currency markets to limit or halt the appreciation of its currency, the renminbi (RMB) against other major currencies, especially the U.S. dollar. This policy appears to be largely intended to keep China's export industries competitive internationally and to attract foreign direct investment (FDI), which have been major factors behind China's rapid economic growth. This book provides an overview of the economic issues surrounding the current debate over China's currency policy and identifies the economic costs and benefits of China's currency policy for both China and the U.S.
- Notes:
- Includes index.
- Description based on print version record.
- ISBN:
- 1-5361-1507-X
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