The Chinese authorities described the management of the renminbi after its 2005 unpegging from the US dollar as … the two years from mid-2006 to mid-2008, the renminbi strengthened gradually against trading partners' currencies within a … narrow band. In mid-2008, the financial crisis interrupted this experiment and the bilateral renminbi/dollar exchange rate …

This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …