Signs of modest but steady increase in flexibility in Chinese exchange rate regime
Jeffrey Frankel, Shang-Jin Wei, 23 April 2007
The nature of the regime governing the Chinese exchange rate is a key global monetary issue that bears directly on what may well become one of the key features of international political economy in the 21st century: the rise of China and its likely long-run challenge to the hegemony of the United States. But what do we know about the nature of the regime?
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URL: http://www.cepr.org/DP6264
Topics: Exchange rates
Tags: basket peg, China, exchange rate regime
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