This paper critically evaluates the policy literature surrounding China's exchange rate regime. It first discusses … several popularly raised contentions in relation to the dollar peg employed by China, which in fact are poorly grounded in … deficit. The paper then describes a consensus position that has emerged which argues that China should abandon the peg in …

Before the crisis of 1997-98, the East Asian economies except for Japan but including China pegged their currencies to …

Before the crisis of 1997/98, the East Asian economies - except for Japan but including China - pegged their currencies …

The paper updates the answer to the question: what precisely is the exchange rate regime that China has put into place …

provides an important role model for China, this paper studies the role of the yen/dollar exchange rate for Japanese monetary …