This paper estimated the pass-through effects of yuan’s exchange rates on prices of the US and Japanese imports from the People's Republic of China (PRC). Empirical results show that, a 1% nominal appreciation of the yuan would result in a 0.23% increase in prices of the US imports in the...

This paper estimated pass-through effects of the yuan's exchange rates on the prices of Japanese and the US imports from China. Empirical results show that, a 1% nominal appreciation of the yuan would result in a 0.23% increase in the prices of the US imports in the short run and 0.47% in the...