Congressional Research Service Reports - 5 Matching Results

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China's Currency: Brief Overview of U.S. Opinions

Description: Many are concerned that China’s currency is undervalued and that this injures the U.S. economy. The Chinese authorities say they are not manipulating their currency and they want to move as soon as possible to a market-based yuan. A new exchange rate procedure was announced in July 2005 but has not resulted in meaningful changes in the yuan’s international value. This report reviews the issues and discusses alternative approaches the United States might take to encourage more rapid reform.
Date: November 29, 2005
Creator: Sanford, Jonathan E.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

China’s Currency: U.S. Options

Description: In recent years, the United States and China have disagreed whether China’s national currency, the yuan or renminbi, is properly valued compared to the U.S. dollar and whether China is manipulating its currency.1 The United States has pushed China to raise the value of its currency. Chinese officials say they want to make their exchange rate system more flexible, but China also needs long-term stability in its currency value in order to avoid dislocations. Chinese officials also say they will n… more
Date: July 29, 2005
Creator: Sanford, Jonathan E.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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