On Correct Understanding of RMB's Appreciation
Liao Li-ping
Abstract
Liao Li-ping
Abstract
The paper holds that a correct understanding of RMB's appreciation lies in a comprehensive view of a stable exchange rate with US dollars, a rational adjustment of RMB's exchange system, a just appraisal of the impact of RMB's appreciation.
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The paper holds that a correct understanding of RMB's appreciation lies in a comprehensive view of a stable exchange rate with US dollars, a rational adjustment of RMB's exchange system, a just appraisal of the impact of RMB's appreciation.
Key concepts: Renminbi, Exchange rate, Economics, Monetary economics