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China's exchange-rate policy has been under attack in the last years, especially in the United States. Now the critique … between China's allegedly undervalued currency European Union's soaring bilateral trade deficit with China. This Policy Brief … discusses EU-China trade relations in the context of China's exchange-rate policy. Especially it scrutinizes the assumptions …
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Over-estimated trade surplus -- On trade surplus from property rights -- Describing China's economic scale -- Foreign …
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"This book shows the impact of the recent trade tensions between China and the US on the world trade order, and how … consequences of these "adjustments" in shaping new equilibriums. After 40 years, China has transformed into an economic superpower … the rise of China as a threat to its predominance and interests. However, China's development and its increasing economic …
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for China. (i) Although foreign exchange reserves are a useful shield against currency crises, by now China's current … independent policy instruments (e.g. the real exchange rate and the interest rate). (iv) A large economy like China can achieve … in China are lownot just low relative to the US (0.23), but also low by the standards of a BalassaSamuelson relationship …
Persistent link: https://www.econbiz.de/10003338476
China's fixed its exchange rate at 8.28 yuan to the dollar from 1994 to July 2005, and has only allowed for a small … appreciation since then. China's productivity growth has been very high relative to most other countries: its trade surplus has … US government, take this as per se evidence that the renminbi is undervalued. To balance China's international …
Persistent link: https://www.econbiz.de/10003338487
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