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Although China has claimed since 2005 that it will move towards a more market-oriented system of managing its foreign exchange, it has remained in part a managed economic system. This article examines the relative importance of market force and currency arrangements in determining the RMB...
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Although China has claimed since 2005 that it will move towards a more market-oriented system of managing its foreign exchange, it has remained, in part, a managed economic system. This chapter examines the relative importance of fundamentalist, chartist and currency arrangements in determining...
Persistent link: https://www.econbiz.de/10015379270