Burdekin, Richard C. K.; Whited, Hsin-hui I. H. - 2001
Taiwan. The exporting of China's hyperinflation was facilitated by the fixed, overvalued, exchange rate between the mainland … mainland China on inflationary pressures in Taiwan. We find no independent role for Taiwanese money growth in the inflation …As mainland China's inflationary spiral accelerated in 1947-1949 there was a massive outflow of funds to the island of …