Is the Chinese Renminbi Undervalued?

The Chinese government has come under increasing criticism from both the U.S. government and some critics in U.S. industry for manipulating its currency. This article offers some insight on whether the yuan is correctly valued. Evidence suggests that, regardless of whether a fixed exchange rate or a market-driven exchange rate is used, the yuan is close to a correct value, and efforts to force more appreciation could be deflationary for China.

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Year of publication:	2007-03-31
Authors:	Tatom, John
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	exchange rate valuation \| fixed exchange rate \| real exchange rate

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Notes:	Published in Research Buzz 3.3(2007): pp. 1-3
Classification:	F32 - Current Account Adjustment; Short-Term Capital Movements ; F31 - Foreign Exchange
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008506916