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Author: | Zhao, Xiaomin |
Title: | On the development of China's foreign exchange market (original in Chinese) |
Journal: | Finance and Trade Economics (c)
1992 : 3, p.26-29 |
Index terms: | FOREIGN EXCHANGE MARKET CHINA |
Language: | chi |
Abstract: | China's foreign exchange regulation market was established in October 1980. China should progressively open individual foreign exchange regulation market, eliminating local obstacles to shape regional market; transforming the center of foreign exchange regulation into economic body with sole responsibility for its profits and losses; controlling with economic and legal tools; establishing modern information network. At last, China's foreign exchange regulation market will be transformed into purchase and sale market. |
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