Since China is becoming an increasingly important player in the world economic scene, its exchange rate policy, among … at the evolution of the Renminbi (RMB) exchange rate regime since 1979, which can be characterized by four phases …

for China. (1) China's economy is on the overheating side of internal balance, and appreciation would help easy … inflationary pressure. (2) Although foreign exchange reserves are a useful shield against currency crises, by now China's current … economy like China can achieve adjustment in the real exchange rate via flexibility in the nominal exchange rate more easily …

overvalued by 10–20% in 2011–2012. Given the already overvalued currency and the not-ideal economic situation of China, such a …

On 21 July 2005 China adopted an undisclosed basket exchange rate regime. We formally assess and envisage the gradual … evolution of the renminbi over time. We utilize nonlinear dependencies in the renminbi exchange rate and describe the smooth … transition of the renminbi/U.S. dollar (RMB/USD) exchange rate using the family of time-varying autoregressive (TV-AR) models …

for China. (1) China's economy is on the overheating side of internal balance, and appreciation would help easy … inflationary pressure. (2) Although foreign exchange reserves are a useful shield against currency crises, by now China's current … economy like China can achieve adjustment in the real exchange rate via flexibility in the nominal exchange rate more easily …

The discussions on Renminbi (RMB) exchange rate could not depart from the ongoing reform of RMB exchange rate regime … open economy facing the Trilemma, China should explicitly establish the principle of domestic monetary policy dominance in … changes in economic fundamentals in China and abroad, which will cause distortions, resulting in resource misallocations and …