goes global -- Reserve currency -- The mirage of safety -- Could China stumble? -- Rising global influence -- Conclusion …

During the 1997/98 Asian crisis and the 2007-2010 world financial and economic crisis, China has proved to be a … China. The paper explores the current role of China's nominal exchange rate stabilization as stabilizing factor for China … policy coordination between China and the US. The exit from unconventional low interest rate policies in the US combined with …

The author of this book is the original proponent of China's exchange rate system reform announced in 2005. This book … discusses: * The transitional, medium-term and long-term designs of the reform * China's achievements and mistakes on the reform … * China's banking reform and its lessons to other emerging economies * Maintaining a certain trade surplus as a dynamically …

Key Features:Written by the original designer of China's exchange rate system reformHighlights greatest threats to … China's economic development and proposes supplementary measures that could help the exchange rate system reformEquips … readers with a good understanding of China's macroeconomic state and challenges. …