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prospects for the renminbi as a budding international currency. We show that interest rate differentials would be only one of … the factors shaping the renminbi's position, while other factors, including the correlation between foreign countries …' economic growth and their bilateral exchange rates against the renminbi, and the correlation between exchange rates of the …
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, capital flows and currency wars as well as issues relating to foreign direct investment and developments in China and India …
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follow such steps. First, Taiwan's economic ties with China are substantial both in trade and FDI and they are set to be …
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