China's Currency: A Summary of the Economic Issues
Description:
Many Members of Congress charge that China's policy of accumulating foreign reserves (especially U.S. dollars) to influence the value of its currency constitutes a form of currency manipulation intended to make its exports cheaper and imports into China more expensive than they would be under free market conditions. Although China made modest reforms to its currency policy in 2005, Members contend the forms have not gone far enough and have warned of potential legislative action. This report su…
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Date:
May 8, 2008
Creator:
Morrison, Wayne M. & Labonte, Marc
Partner:
UNT Libraries Government Documents Department