Feng, Ming; Cheng, Hao - In: China finance and economic review : CFER 4 (2016), pp. 1-30
The discussions on Renminbi (RMB) exchange rate could not depart from the ongoing reform of RMB exchange rate regime … open economy facing the Trilemma, China should explicitly establish the principle of domestic monetary policy dominance in … changes in economic fundamentals in China and abroad, which will cause distortions, resulting in resource misallocations and …