Details

Subjects:

Foreign exchange.
International trade.
Business cycles.

System Details:

System requirements: PDF reader software.

Summary:

Examines policy issues related to the pegging of Chinese currency, the renminbi (RMB), to the U.S. dollar. Analyzes issues related to currency peg, including whether RMB is undervalued, explanation of variation in estimates of RMB undervaluation, effects of exchange rate appreciation on trade flows and the deficit, winners and losers of RMB appreciation, and effects of an undervalued RMB on Chinese economy. Reviews Chinese policy options and potential outcomes. Includes tables and graphs.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Jan. 2013). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.

Contributor:

Library of Congress. Government Division.

Other format:

Microfiche version: Library of Congress. Foreign Affairs and National Defense Division. China's Currency

Access Restriction:

Restricted for use by site license.