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This paper analyzes whether China's investment and savings rates are too high by considering the rate of return to … investment and other factors. It also investigates the reasons for the rapid increase in the savings rate by using various …
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Since 2011 China attempts to internationalise its currency by allowing more cross-border trade to be settled in renminbi (RMB). Via the so-called RMB Trade Settlement Scheme trade partners are able to pay and to be paid in RMB offshore. Due to the mostly closed mainland (onshore) market, both...
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