In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity model with the exchange rate. Using an industrial panel...

In 2005, China abated its fixed exchange rate against the U.S. dollar and began to appreciate the Renminbi (RMB). In this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity model with the exchange rate. Using an industrial panel...

1. Introduction / Yiping Huang -- 2. China's rapid growth and development : a historical and international context / Ligang Song -- 3. Double transition and China's export-led growth / Yang Yao -- 4. Understanding changing trends in Chinese wages / Cai Fang, Wang Meiyan and Du Yang -- 5. Climate...