China's currency, the renminbi or yuan, is not freely convertible on international foreign exchange markets; foreign … exchange is still heavily controlled in China even though major reforms swept the Chinese foreign exchange control regime in … uncertainties increase transaction costs and hinder China's deeper financial reform …

and regain autonomy in its monetary policy, China needs to move toward a free floating exchange rate system by refraining …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

were verified from China’s “Reform and Opening-up”, and the evolutional path was summarized and two suggestions for reform …

The article discusses the actual economic situation of contemporary China from the point of view of monetary … the process of "original accumulation of capital" in China teaches that the completion of the process is not self …-evident and that failure is always a possibility. This is China's economic dilemma.El artículo analiza la condición económica de …