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China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …
Persistent link: https://www.econbiz.de/10010297476
is capital controls which enable the periphery countries, in particular China, to maintain a certain degree of monetary …
Persistent link: https://www.econbiz.de/10010334519
measures taken by China to internationalize its renminbi, including several bilateral swap agreements signed with other central … banks, have reinforced other eastward trends in the world economy. In this paper, China's acceleration of renminbi …
Persistent link: https://www.econbiz.de/10011790341
deflationary impulses for the rest of the world economy. The jury is still out on whether the second largest economy, China, will …
Persistent link: https://www.econbiz.de/10012490850
Persistent link: https://www.econbiz.de/10013168579
Japan, China, Korea, Taiwan and Singapore which collectively hold about US$2.8 trillion worth of US Treasury bonds as part …, the more they are exposed to a potential free fall of the US dollar. China has been blamed, not only by US congressmen who … billions, or at least the US-China trade deficits $200 billions (including Hong Kong)? 500% or 1000%? Of cause no body asked …
Persistent link: https://www.econbiz.de/10011470766
China hat erste Schritte unternommen, die auf eine Internationalisierung des Renminbi hindeuten. So hat das Land … zu binden, sollte China die Bandbreite für den Handel mit dem Renminbi allmählich vergrößern. Eine unabhängige …
Persistent link: https://www.econbiz.de/10011602172
changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …
Persistent link: https://www.econbiz.de/10010282485
Persistent link: https://www.econbiz.de/10004909291
euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi … global financial crisis. These results are consistent with China’s dominance hypothesis and with the view that the … international monetary system is already tri-polar. However, we also find that China’s currency movements are to some extent …
Persistent link: https://www.econbiz.de/10011605438