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Author:Cao, Guoqi
Title:The difficult position of Renminbi to be convertible and its would be result (original in Chinese)
Journal:Study of Finance and Economics (c)
1993 : 4, p.20-22
Index terms:CURRENCY MARKETS
CASH AND CARRY WHOLESALING
FOREIGN EXCHANGE
CHINA
Language:chi
Abstract:Money problem is a difficult problem of economic system reform. The imbalance of market and economy development in different regions makes the practice of freely convertible RMB very difficult. On one hand, the imbalance of economy development in different regions is very serious. And on the other hand, we can not make RMB freely convertible first in some areas or step by step. All these make the free conversion of RMB fall into dire straits.
SCIMA record nr: 130281
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