Oksanen, Heikki - 2015 - This version: 16 April 2015
Pegging the renminbi (RMB) to the US dollar since 1994 has characterised China’s exchange rate policy, under either a … suitable intermediary exchange rate regime for China as the risks of jumping to free floating are still great. Diversifying … further the currency composition of the foreign exchange reserves and other foreign assets of the Chinese government, from USD …