Download or read book Managing the Managed Float in China written by Yang Dai and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Evolving Exchange Rate Regime written by Mr.Sonali Das and published by International Monetary Fund. This book was released on 2019-03-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is relatively low compared to other countries with de jure floating currencies. Allowing a greater role for market forces within the existing regime, and greater two-way flexibility of the exchange rate, are important steps to build on the progress already made. This should be complemented by further steps to develop the FX market, improve FX risk management, and modernize the monetary policy framework.
Download or read book China s Evolving Managed Float written by John Clark and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Reform of China s Foreign Exchange Rate System written by C. H. Kwan and published by . This book was released on 2006 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: The foreign exchange rate system adopted by China in July 2005 can be characterized as a manage floating system based on the BBC rules-band, basket and crawl. However, the authorities have continued to suppress the yuan's rise against the dollar by intervening in the foreign exchange market, and the C in BBC has looked more like control than crawl.
Download or read book China s Evolving Exchange Rate Regime written by Mr.Sonali Das and published by International Monetary Fund. This book was released on 2019-03-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is relatively low compared to other countries with de jure floating currencies. Allowing a greater role for market forces within the existing regime, and greater two-way flexibility of the exchange rate, are important steps to build on the progress already made. This should be complemented by further steps to develop the FX market, improve FX risk management, and modernize the monetary policy framework.
Download or read book Financial Reforms in Modern China written by Sun Guofeng and published by Springer. This book was released on 2016-04-29 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collected here for the first time in English, this comprehensive book, written by an experienced insider privy to the inner workings of China's vigorous financial reforms, examines China's most important markets (money, bonds, foreign exchange, and stock) and the policies that regulate them.
Download or read book Managing the China Challenge written by Quansheng Zhao and published by Routledge. This book was released on 2008-09-25 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume addresses one of the most significant issues in international strategic studies today: how to meet the challenge of a rising China? The contributors take a global view of the topic, offering unique and often controversial perspectives on the nature of the China challenge. The book approaches the subject from a variety of angles, including realist, offensive realist, institutional, power transition, interdependence, and constructivist perspectives. Chapters explore such issues as the US response to the China challenge, Japan’s shifting strategy toward a rising China, EU-China relations, China’s strategic partnership with Russia and India, and the implications of "unipolarity" for China, the US and the world. In doing so, the volume offers insights into some of the key questions surrounding China’s grand strategy and its potential effects on to the existing international order.
Download or read book Reform Internationalisation and Macroeconomic Instability in China written by Ross Garnaut and published by Research School of Pacific Studies Australian National Univ. This book was released on 1994 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working paper which examines China's macroeconomic performance, the changing patterns of growth and stability and the main sources of fluctuation. Analyses the effect of the most recent development of exchange rate unification and the transition towards a managed float system on China's macroeconomic development. Includes a bibliography and list of other papers in the series. Ross Garnaut is a professor of economics at the ANU and a former ambassador to the People's Republic of China. Guonan Ma is senior economist with Peregrine Brokerage in Hong Kong.
Download or read book The China Management Handbook written by F. Sieren and published by Springer. This book was released on 2016-01-08 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: With China's accession to the WTO in Spring 2002 it is essential that Western investors and business people get an effective 'tool kit' which enables them to succeed in the highly competitive Chinese market and to deal with the issues and changes that the WTO will bring. As a guide for western investors this book gives the answer to the 100 most crucial questions on operating or restructuring business in China. The question and answer format allows the reader to rapidly select information for a specific situation.
Download or read book Inflation Targeting and Exchange Rate Management In Less Developed Countries written by Mr.Marco Airaudo and published by International Monetary Fund. This book was released on 2016-03-08 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze coordination of monetary and exchange rate policy in a two-sector model of a small open economy featuring imperfect substitution between domestic and foreign financial assets. Our central finding is that management of the exchange rate greatly enhances the efficacy of inflation targeting. In a flexible exchange rate system, inflation targeting incurs a high risk of indeterminacy where macroeconomic fluctuations can be driven by self-fulfilling expectations. Moreover, small inflation shocks may escalate into much larger increases in inflation ex post. Both problems disappear when the central bank leans heavily against the wind in a managed float.
Download or read book The Jingshan Report written by China Finance 40 Forum Research Group and published by ANU Press. This book was released on 2020-01-14 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Jingshan Report is a collection of research papers on key issues for China’s financial opening, including reform of the RMB exchange rate regime, management of cross-border capital flows and financial support for the Belt and Road Initiative. Authored by leading experts in the relevant fields, the report examines the evolution, current status and problems with the financial opening policy over the past four decades, and puts forward policy recommendations on how to steadily push forward China’s financial opening.
Download or read book Global Sourcing and Supply Management Excellence in China written by Marc Helmold and published by Springer. This book was released on 2016-08-26 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides readers a holistic and pragmatic approach towards supply management in China. It elaborates on how supply management should integrate the optimum level, and a combination of quality, cost and delivery. In addition to serving as a guide on how to address cultural barriers, apply supply tools and concepts, it also illustrates the best practices in supply management in China. It draws from a large number of best practices of companies from automotive to railway, to convince other functional departments and higher management that supply management plays the most fundamental role in any organization due to the high number of value adding activities which are coming from suppliers. These practices have been derived by a multi-methodical approach including interviews with supply management leaders from industry and experts in academia, making it as unique and a suitable a guide for practitioners and academics.
Download or read book China EU Trade Disputes and Their Management written by Qingjiang Kong and published by World Scientific. This book was released on 2012 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book delves into the trade disputes between the EU and China and identifies the causes for trade disputes. It examines how the disputes will shape the China-EU trade relations, and offers a macro overview on how the issues can be resolved or at least how they should be managed.
Download or read book China s Exchange Rate System Reform Lessons For Macroeconomic Policy Management written by Paul Sau Leung Yip and published by World Scientific. This book was released on 2011-05-26 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author of this book is the original proponent of China's exchange rate system reform announced in 2005. This book discusses:Through these discussions, the author hopes to share his knowledge on macroeconomic policy management accumulated over the past thirty five years. In particular, he would like to share his insights on macroeconomic policy management before, during and after an asset inflation era or a crisis period. He would also like to warn policy makers and financial investors on the likelihood of an asset bubble and then a crisis in economies outside the US. The author hopes this book could eventually stimulate the emergence of “macroeconomic policy management” as a new and important discipline in economics.While the focus of the book is on macroeconomic policy management, it also offers important lessons and strategies on share and property investments. Thus, economists, policy makers, central bank officials, economics students, business and finance professionals, individual investors and academia in other disciplines will find the book useful.
Download or read book China s Exchange Rate Regime written by China Development Research Foundation and published by Routledge. This book was released on 2014-12-05 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The imbalance between China’s currency, the RMB, and those of other countries is widely regarded as a major problem for the world economy. There was a reform of China’s exchange rate mechanism in 2005, following which the RMB appreciated 17% against the US dollar, but many people argue that further reform is still needed. This book reports on a major research project undertaken following the 2005 reform to assess the impact on China’s economy. It considers the impact in a number of areas of the economy, including export-oriented companies, the banking industry, international trade, international capital flows, and China’s macroeconomic policy. It concludes that the policies pursued so far have been correct, and that further reform, both to the exchange rate, and to the system overall, would be desirable, but that any reform should be gradual and incremental, preserving economic stability, and integrating changes with reform in other parts of the economy.
Download or read book Dollar and Yen written by Ronald I. McKinnon and published by MIT Press. This book was released on 1997 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. From the mid-1950s to the early 1990s, Japan grew faster than any other major industrial economy, displacing the United States in dominance of worldwide manufacturing markets. In the 1970s and 1980s, many books appeared linking the apparent decline of the United States in the world economy to unfair Japanese practices that closed the Japanese market to a wide range of foreign goods. Dollar and Yen analyzes the friction between the United States and Japan from the viewpoint of exchange rate economics. The authors argue against the prevailing view that the trade imbalance should be corrected by dollar depreciation, saying that adjustment through the exchange rate is both ineffective and costly. Stepping outside the traditional dichotomy between international trade and international finance, they link the yen's tremendous appreciation from 1971 to mid-1995 to mercantile pressure from the United States arising from trade tensions between the two countries. Although sometimes resisted by the Bank of Japan, this yen appreciation nevertheless forced unwanted deflation on the Japanese economy after 1985--resulting in two major recessions (endaka fukyos). The authors argue for relaxing commercial tensions between the two countries, and for limiting future economic downturns, by combining a commercial compact for mutual trade liberalization with a monetary accord for stabilizing the yen-dollar exchange rate.
Download or read book A Dictionary of Business and Management in China written by Sara Hsu and published by Oxford University Press. This book was released on 2018-03-29 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Dictionary of Business and Management in China expands on Oxford's coverage of the topic in A Dictionary of Business and Management. It contains over 250 authoritative definitions, including coverage of China's business policy, customs, financial sector, and managerial practices as well as Chinese regulations, laws, and regulatory bodies. Entries include the Shenzhen Stock Exchange, guanxi, Tier One City, coastal development strategy, prohibited industries, and decentralization. Definitions have also been divided up into categories such as government institutions, trade, policy, finance, and tax, providing a useful list of entries by subject for easy access to definitions relating to specific topics. China is a key emerging market which has experienced significant economic development over recent decades, making this dictionary a useful resource for students, academics, and professionals engaging with international business, and requiring definitions specific to China.
