search query: @author Tao, Shigui / total: 20
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| Author: | Tao, Shigui |
| Title: | On making RMB a freely convertible currency and its alternative objectives (original in Chinese) |
| Journal: | Finance and Trade Economics (c)
1992 : 12, p.30-34 |
| Index terms: | CURRENCY FOREIGN EXCHANGE MONETARY POLICY CHINA |
| Language: | chi |
| Abstract: | To make RMB Yuan a freely convertible currency is beneficial to the link of the domestic market with the international market and to the nationalization of the domestic economy. There must be three conditions for the convertible of RMB Yuan: abundant funds and normal international inform; enough international reserve and the wish of people to have this currency in the international circulation. The short-term goal for this is to make RMB Yuan convertible within China, and the long-term goal is to make RMB Yuan an international currency. |
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