and banks to use the renminbi as an alternative to the dollar. In addition to contributing to a broader understanding of …

international trade call for joint rescue plans on a global basis. China’s recent price adjustment has proven a failure and its … domestic consumption-stimulating policy is ineffective. Investments and exports remain the growth engine for China’s economy … rate parity and reduction of the tax rate parity. Internationalization of the U.S. dollar-permeated renminbi is not a …