[Download] "Renminbi Exchange Rates and Relevant Institutional Factors (Essay)" by The Cato Journal # eBook PDF Kindle ePub Free

eBook details

Title: Renminbi Exchange Rates and Relevant Institutional Factors (Essay)
Author : The Cato Journal
Release Date : January 22, 2008
Genre: Politics & Current Events,Books,
Pages : * pages
Size : 245 KB

Description

In recent years, China has experienced rapid social and economic development. Against this backdrop, growing pressure for renminbi appreciation emerged and China's trade surplus and foreign reserves increased rapidly. This article explains the development of the RMB exchange rate by examining productivity growth and institutional factors, such as the transformation of the foreign exchange rate system and legal reforms to strengthen the hale of law. Development of the Renminbi Exchange Rate