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the People's Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a … that the dollar is used as a dominant invoicing currency for the PRC's exports to Japan. After controlling the currency …
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. This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi vis-à-vis the USD from …Import competition from China is pervasive in the sense that for many good categories, the competitive environment that … US firms face in these markets is strongly driven by the prices of Chinese imports, and so is their pricing decision …
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This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the …
Persistent link: https://www.econbiz.de/10010281451
increasingly desirable and necessary. This paper suggests that East Asia's emerging economies begin with a currency basket system …
Persistent link: https://www.econbiz.de/10010279659
euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi … international monetary system is already tri-polar. However, we also find that China’s currency movements are to some extent … is already the dominant currency in Asia, exerting a large influence on exchange rate and monetary policies in the region …
Persistent link: https://www.econbiz.de/10011605438
On 19 June 2010 the Chinese authorities announced that the renminbi (RMB) was henceforth to be pegged to a currency … Seoul Summit on 11-12 November 2010, China committed to further reform the RMB exchange rate regime. We discuss here what a … genuine basket peg could mean for China, with the view that the weight for the EUR should obviously be significantly increased …
Persistent link: https://www.econbiz.de/10010274952
China hat erste Schritte unternommen, die auf eine Internationalisierung des Renminbi hindeuten. So hat das Land … zu binden, sollte China die Bandbreite für den Handel mit dem Renminbi allmählich vergrößern. Eine unabhängige … zugelassen. Die Nutzung von Hongkong als Prüfstein für eine Internationalisierung des Renminbi ermöglicht die Entwicklung eines …
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