Name: China's Currency: Economic Issues and Background (China in the 21St Century)
Price: 167.39 GBP
Availability: InStock
Author: Lucy M. Brooks
ISBN: 9781612093000

portada China's Currency: Economic Issues and Background (China in the 21St Century)

Type

Physical Book

Publisher

Nova Science Pub Inc

Author

Lucy M. Brooks

Synopsis "China's Currency: Economic Issues and Background (China in the 21St Century)"

Over the past several years, the Chinese government has maintained a policy of intervening in currency markets to limit or halt the appreciation of its currency, the renminbi (RMB) against other major currencies, especially the U.S. dollar. This policy appears to be largely intended to keep China's export industries competitive internationally and to attract foreign direct investment (FDI), which have been major factors behind China's rapid economic growth. This book provides an overview of the economic issues surrounding the current debate over China's currency policy and identifies the economic costs and benefits of China's currency policy for both China and the U.S.