EFFECT OF EXCHANGE RATE CHANGES ON THE STRUCTURE AND DEVELOPMENT OF THE U.S.-CHINA TRADE IN THE EARLY 21ST CENTURY
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EFFECT OF EXCHANGE RATE CHANGES ON THE STRUCTURE AND DEVELOPMENT OF THE U.S.-CHINA TRADE IN THE EARLY 21ST CENTURY
Annotation
PII
S268667300000616-7-1
Publication type
Article
Status
Published
Authors
Pavel Aksenov 
Edition
Pages
55-70
Abstract
China’s exchange rate policy restraining the appreciation of renminbi is regarded by the United States as one of the main reasons for the continued trade of their deficit growth. Taking into account the core interests of both parties, the goal to establish an optimum RMB exchange rateis a complex prooblem, and the appreciation of renminbi can have both positive and negative effects on both the U.S. and China’s economies.
Keywords
renminbi exchange rate, China’s currency policy, U.S. trade deficit with China
Date of publication
11.01.2014
Number of purchasers
0
Views
54
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