2013•The Journal of Asian StudiesRequires access
Understanding Currency Policy and Central Banking in China
Gregory Chin
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Abstract
China's trade and financial surpluses, exchange rate, and currency reserves make headlines, daily, around the world. As such, it is more imperative than ever to understand the inner workings of currency policy in China. Yet the exercise of power and decision making in these areas has received surprisingly little attention in Chinese politics, political economy, and, arguably, economics.