An Analysis of the Advantages and Disadvantages of the Appreciation of RMB to China's Economy
Chen Jian-ming
Abstract
Chen Jian-ming
Abstract
As the international community headed by the U.S.A.has been urging China to raise RMB's value in recent years,the issue of the exchange rate of RMB has become the hottest question in international economic fields.This paper provides an analysis of the background of the appreciation pressure confronting RMB,the harms and benefits of RMB's appreciation to China's economy.
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As the international community headed by the U.S.A.has been urging China to raise RMB's value in recent years,the issue of the exchange rate of RMB has become the hottest question in international economic fields.This paper provides an analysis of the background of the appreciation pressure confronting RMB,the harms and benefits of RMB's appreciation to China's economy.
Key concepts: Renminbi, China, Value (mathematics), Chinese economy, Exchange rate, Economy, Economics, International trade