Tyers, Rodney (contributor); Bain, Iain (contributor) - 2007
’s productivity and prices supports this
hypothesis, its real exchange rate has shown no long run tendency to appreciate. The use of … applied to the
implications of premature nominal (renminbi) appreciation. It is shown that, unless this is
achieved in … their non-traded
sectors. Evidence in support of these suppositions in the case of China lends weight to the
expectation …